Jill, not a big deal, but I don't like saying in public
exactly how much of anything I buy or sell.
At first I was just going to buy 1k as a small gamble.
However, ffter thinking more about the situation, I thought
the settlement probability was much higher than I first
considered, and although I didn't bet the farm on this
(one should never, ever, do that on anything), I bought
enough that if MSFT goes to 150 next week, added to my
other holdings, I can retire.
As far as the possible price for these options, I can only
go by what they are charging for the at the money options
now.
I figure that at the money the April 130s should bring a $5
time premium early next week, and anything above 130 would
start adding intrinsic value on a 1-1 basis. So this is
what you might get:
MSFT April-130s Bags from 3/8 purchase price
110 1 1/4 3+
130 5 35
150 25 67
If it does go to 150, I am personally going to visit you
and give you a big kiss for starting this thread.
OK I better stop before I get irrationally exhuberant.
Settlement next week is still a long shot.
MSFT up 1+ after hours :-) |
