MS Current Price $23.03 (April Expiration)
Buy 23 Call - $1.04
Sell 24 Call - $.58
Sell 22 Put - $.60
a) You will be paid $.14 to initiate this spread
b) You can participate in the upside from $23-24 (+) $.14 received = $24.14
c) You will not experience a loss in this trade unless MS falls below $22(+) $.14 received = $21.86
d) This method will still profit $.14 even if the shares fall to $22.01, whereas owning the stock will produce a loss from $23.03 all the way down to that point.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.