Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 687.96

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Dec 23 4:00 PM EST

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To: sandeep who wrote (50404)	5/17/2013 4:01:59 PM
From: Fintas	Read Replies (3) of 220610

Not to be picky but MSFT opened from 30 to run to 38.70 ish in late OCT 2007 due to a better than expected earnings and over a timeline of DAYS.. So I would say that was a greater % move than 15%. Yet as good as that move was the big move was the call leaps for the 30's Jan 2008 sold in OCT 2007. Here and now as a LONG I'd like to see MSFT pull back to allow for the oooph in calls. So far the premiums do not warrant the risk. BOO HOO. Fintas

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