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: PMS Witch who wrote (14432)	1/17/1999 11:02:00 AM
From: t2	Read Replies (2) of 74651

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! What would you expect to get from such a move (what percentage of return)? I realize this may be some normal options strategy--I am not familiar with most of them. What kind of price moves are you expecting for optimal returns? Just curious.

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