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Technology Stocks : How high will Microsoft fly?
MSFT 486.98-1.4%Nov 19 3:59 PM EST

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To: Teflon who wrote (35414)12/14/1999 3:51:00 PM
From: Jill  Read Replies (1) of 74651
 
Tef, and Thread, if there are better options plays I just need to understand who bought 20,000 Jan 00 80's today. And HOW COME????

DITM calls are quite popular on MSFT today. Somebody expects a breakout? Settlement...and then the 20,000 DITM calls moves dollar for dollar with the stock and allows more leverage...?

And I'd be tempted here, having learned this strategy elsewhere, to buy OTM leaps before a settlement/breakout

Thots anyone?

Jill
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