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Technology Stocks : How high will Microsoft fly?
MSFT 491.12+1.7%Dec 8 3:59 PM EST

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To: jimleon who wrote (24569)6/21/1999 10:39:00 PM
From: Dwight E. Karlsen  Read Replies (1) of 74651
 
jimleon, I don't think there are options for Aug and Sept. At least the CBOE site didn't show any when I looked on June 15th. So I bought Oct calls, $80 strike. Pd 7-3/8 for 'em. They're totally in the money now. Gotta love the leverage of an option, when the price is moving in your favor (gotta hate 'em when the price is going the wrong way though).

>Congrats to all msft longs today.

Thanks. It's fun controlling 800 shares (8 contracts) that would cost $64,000 if purchased outright.
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