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Technology Stocks : How high will Microsoft fly?
MSFT 478.53-1.0%Dec 12 9:30 AM EST

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To: Just_Observing who wrote (28987)9/1/1999 5:06:00 PM
From: t2   of 74651
 
Does MSFT have a specific day of the year that they sell their puts or do they time them based on the stock price. If you are selling puts, then you want to sell them when the stock is down. If MSFT times their sales of puts then this is a bullish indicator

I just don't know when they sell and i can't make it out on their statements. The interesting thing is that the strike price is 70. This is only slightly higher than the 59 to 65 indicated on the March Form 10-Q. I have not checked the June earnings release but i think that there was no change in the 59 to 65 prices.
The current puts at 70 would be a very logical increase from the high of 65. The price of 70 is another reason that makes me certain it is Microsoft directly or indirectly selling the puts.
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