How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 507.49

-0.6%

Nov 17 3:59 PM EST

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To: J. P. who wrote (13616)	12/29/1998 6:45:00 PM
From: t2	Read Replies (2) of 74651

J.P., Options strategies. How do the call options on MSFT look at this point? I am hoping MSFT stays low for a week or so --- I want the Jan 150s at a lower price as the premiums continues to drop - otherwise it is Feb 150s. I am expecting a big spike in the price of the stock a day or so before earnings (unfortunately after January series expires (Jan 15) - unless they release on Monday Jan 18) I have unloaded a lot of my in the money Jan 120s and Apr 130s-- still hold Feb 150s and Apr 150s. Decided to buy some MSFT and Cisco stock (being a little more conservative these days). I just remembered I have some Apple January calls- I had forgotten all about them. Interested in opinions from people who trade options on MSFT (or Cisco, Intel, Dell).

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