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Friday Options Outlook: MSFT, DNA, DRYS, HRS, DO, JCG, HHH
Posted on May 16, 2008
Microsoft (MSFT) With abundantattention already devoted to option activity in Yahoo given this week saggressive proxy action by Carl Icahn, we wondered if the drama might reinvigoratethe upside speculation in Microsoft. Shares are 1.4% lower at $30.02, stillabove the critical $30 level as the May contract slips into expiration, andwith nearly 60,000 options trading in the first 2 hours of the market, it ranksamong the most active tickers on our platform. As for the bullish implicationsof Yahoo s share price drama for Microsoft, option traders are paringtheir expectations, gladly selli...
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