Overlay · STW
DT
Dynatrace
53.65
+0.22 · +0.4%
Plan
- Cut
- Daily close below $45.
- Target
- Into Nov 4.
- Add
- No add. You just sold one.
- Sold 1× @ $11.05, +$245. Riding 1× Jan $45C @ $8.60. Spot ~53.
- Cut: close below $45. Nov 4 print.
- Ride the last one into Nov 4. Don’t add it back.
The take
Sold 1× @ $11.05, +$245. Riding 1× Jan $45C @ $8.60 into Nov 4.
Cut $45. Don’t add it back.
Expression
- 1× Jan ’27 $45C @ $8.6 · 8.6 ITM
$860 cost · 89d
Tape
- 20-day49.57 above
- 50-day45.90 above
- 200-day41.36 above
Stop
Close below $45
Strike. Remaining January is 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
Ride into Nov 4. Cut $45. No add.
News
Quiet on this name.