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Technology Stocks : How high will Microsoft fly?
MSFT 493.80-2.7%Nov 18 3:59 PM EST

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To: Teflon who wrote (35412)12/14/1999 8:27:00 AM
From: craig crawford  Read Replies (2) of 74651
 
>> This is a very tough environment to trade options on MSFT, IMHO <<

Soon as MSFT clears par on some good volume you are going to have to pay up for calls bigtime. Everyone seems to want to jump into MSFT after it clears 100-101. People that snag some options before it breaks out will get a much better price. Today is an important day for MSFT. It has tried to clear 97 four times in the last 10-12 days. Either it will blow past it today and march higher or we slip back into a trading range for a couple weeks.
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