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Technology Stocks : How high will Microsoft fly?
MSFT 486.83-1.1%Dec 1 3:59 PM EST

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To: johnd who wrote (18338)3/20/1999 12:53:00 AM
From: ed  Read Replies (1) of 74651
 
JohnD,

You are wrong again, Microsoft closed below $172 today.

The April $200 is a better buy than the April 190. After the option expiration, the Premium of April $180 will erode quickly, My bet is $4, so you lose 30% right away. Now , it is not the right time to buy April calls, wait till two weeks before the next expiration.
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