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Technology Stocks : How high will Microsoft fly?
MSFT 486.98-1.4%3:59 PM EST

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To: taxman who wrote (26789)7/19/1999 10:14:00 PM
From: t2  Read Replies (3) of 74651
 
taxman, What do you think about a August call buy (100s) early in the morning in the event of a stock price decline and selling by the afternoon or Wednesday/Thursday.

As i don't have exposure to any short term options, i am thinking about this one. An open of 97 would make it very tempting for me. A flat to higher open---i will pass on it. Going for small play.

What do you think about such a strategy. I feel confident it will work out as long as we get a price decline in the 1st half hour of trading. I am hoping for such a chance but i am starting to have my doubts.
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