How high will Microsoft fly? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : How high will Microsoft fly?

MSFT 491.51

+1.0%

12:54 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Claude who wrote (19534)	4/2/1999 10:24:00 AM
From: t2	of 74651

OT-Bank of Montreal Investorline is the best for certain kinds of options trading. You can't offset exchange rates like greenline but if you want to buy very speculative options on for example Microsoft calls, it puts a cap on the amount of commissions it will charge. If for example you want: - buy calls on MSFT ---way out of the money---costing 1/16 per share You could buy 320 contracts with a limit on the maximum commision charge. I believe it is a little over $40. This only applies for trades less than $2000 US$. This applies to total purchases of the same security for the entire day. If you go over $2000, you will get charged the normal options rate and have to pay a few hundred dollars commisionon trade on a trade that is just over $2000. Conclusion: If you have a feeling of a sharp move in a stock and options under 5/8 are available, I would buy through investorline and keep total value of trade to under $2000. I don't really do this anymore and that is why I am with Greenline now. This is how I made money last year on MSFT, big money!!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next