Microsoft (MSFT, news, chart, volatility) call options are actively traded. 88,000 traded, compared to 23,000 puts. Jan 24 and April 21 calls are the most actives after a firm bought 4,370 Jan 22.5 calls and 18,646 Jan 24 calls, while selling 12,731 April 21 calls. With shares up 16 cents to $20.49, some of the activity might reflect some bullish trading in Microsoft ahead of an update to financial analysts at a conference later this week. Earnings due out on the 22nd, after the Jan expiration.
About the Author (Author Profile)
Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.