How high will Microsoft fly? Message Board

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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: Jeffrey Boggis who wrote (14425)	1/17/1999 10:16:00 AM
From: PMS Witch	Read Replies (4) of 74651

Call strategy: Tuesday between 10:00 and 10:30, initiate a 'bull spread' by buying at-the-money February call and selling equivalent call with a strike price $5 greater. Tuesday between 3:30 and 4:00, close this position and buy February puts with a strike price $5 below current stock price with your profit. Be prepared to close this position Wednesday or Thursday with a reasonable profit. $5. DON'T GET GREEDY! Hope this helps, PW. P.S. This should work with DELL earnings announcement next month too.

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