How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 478.29

-1.8%

Nov 20 3:59 PM EST

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To: taxman who wrote (29473)	9/15/1999 12:12:00 AM
From: t2	Read Replies (1) of 74651

you were not the first to notice. the implied volatility of the oracle september options on tuesday was about 110. on wednesday it will drop to about 50. I hope the implied volatility drops on the Oracle Sept puts tomorrow. I have a little plan to buy puts if the stock stays around 40 to 42 early morning----could happen if the CPI is not a disaster. Plan to try 40 puts---only putting in small investment of course as this is highly speculative. OR take an simplier approach--short at the same price level. My prediction is that the stock drops to 35 sometime tomorrow on very heavy volume. If i am able to pick up puts while it trades at around 40, there is a pretty good chance to make some cash. All IMHO of course.

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