MS is secretly advising their clients to load up on Microsoft. It is a great game...go publicly negative then privately whisper "we will hold the stock down while you buy all you can"
Sold my Feb $28 calls today for a $500 profit and loaded up on Feb $27 calls for $0.42 today. 200 contracts...should make about $60,000 profit give or take a few thousand.
Oh my oh my, those 200 contracts at $0.42 are today trading for $0.85
For the math challenged, that is already a double.
And people on this thread said you couldn't make money on M$ft
can dig through the posts from alomst this exact time period last year where I did a similar trade using much higher strke Feb options and more than doubled my money. but ok, if you want to believe you can't make money long OR short on microsoft, that is yoru right.
Let me get this straight...You tied up $ 8,400 in hoping that MSFt goes to $ 30.42 by February? That's to make $ 60,000 profit...Just buy more cheaper out of the money calls if you think it is going that high...