Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Teflon who wrote (29600)	9/16/1999 11:18:00 AM
From: Jill	Read Replies (1) \| Respond to of 74651

The premium was a little over 2. I went to listed options via wall street city; volume 1390 so far today. Others must have the same idea.

To: Teflon who wrote (29600)	9/16/1999 11:21:00 AM
From: codawg	Respond to of 74651

Tef and Jill, Just my opinion, but if I were you, I'd go for the Oct 90 if you're looking for a quick turnaround in the stock. There's just not enough time left for the stock to bounce off of 90 before expiration, and there will be lots of pressure trying to peg MSFT to 90 through expiration if it gets even close. A bounce could still happen, but it's a very high risk trade with less than 2 days remaining, and the indexes heading south. I'm out of my Sep positions now, and looking to enter again around 90 if I like the rest of the market. You'll get almost the same movement with an Oct but 4 weeks more protection.