Overlay · STW
DT
Dynatrace
Plan
- Cut
- Daily close below $45.
- Take profit
- 53 then Nov 4. One at 53.
- 2× Jan $45C @ $8.60, $1,720. Spot ~49.30. ITM. Above 20/50/200.
- Cut: close below $45. Nov 4 print. Aug 17 exchangeables held.
- 53 first. One lot there, one into Nov 4.
The take
2× Jan $45C @ $8.60. Spot ~49.30. Cut $45. 53 then Nov 4. Aug 17 exchangeables didn’t break the tape.
Expression
- 2× Jan ’27 $45C @ $8.6
$1,720 cost · 143d
Tape
Marking…
Stop
Close below $45
Strike. Two Januarys already ITM. Lose 45 and you’re holding time.
Outlook
- $1.44B 0% exchangeables due 2031 — tape held17 Aug · before expiry
- Q2 earnings (est.)4 Nov · before expiry
53 first. One at 53, one into Nov 4. Cut $45.
News
Quiet on this name.