And INTC earnings tonite.
For the most adventerous... MSFT Oct 30 calls trading at 55 cents.
If it gaps up to 31 on INTC earnings, its almost a double.
Chart looks good... Wants to go up.
I have some of those calls, and a lot more Nov calls that I've been buying since it was 29.
But now it seems to be solidly holding 30 and wants to go up to new highs.
MSFT has tonns of cash and printing more daily.
MSFT... stealth play on PC market strength.
Started by
ogm
, Oct 16 2007 01:00 PM
5 replies to this topic
#2
nicolasillo
-
- Traders-Talk User
- 1,441 posts
Member
Posted 16 October 2007 - 01:06 PM
And INTC earnings tonite.
For the most adventerous... MSFT Oct 30 calls trading at 55 cents.
If it gaps up to 31 on INTC earnings, its almost a double.
Chart looks good... Wants to go up.
I have some of those calls, and a lot more Nov calls that I've been buying since it was 29.
But now it seems to be solidly holding 30 and wants to go up to new highs.
MSFT has tonns of cash and printing more daily.
LONG TIME NO SEE!
#3
ogm
-
- Traders-Talk User
- 13,780 posts
Member
Posted 16 October 2007 - 01:27 PM
LONG TIME NO SEE!
Are you ready for the rate cut on Tuesday ?
#4
nicolasillo
-
- Traders-Talk User
- 1,441 posts
Member
#5
MacRo
-
- Traders-Talk User
- 421 posts
Member
Posted 16 October 2007 - 02:02 PM
LONG TIME NO SEE!
Are you ready for the rate cut on Tuesday ?
Just FYI a pretty solid research analyst at a big institution (who, by the way, called the 50bp cut) whose work I follow is forecasting a pause for this next session. Caveat emptor.
I wouldn't be surprised if we rallied into the fed though, but I am not basing my trading on a fed call, either way.
Edited by MacRo, 16 October 2007 - 02:05 PM.
#6
dasein
-
- Traders-Talk User
- 7,696 posts
Member
Posted 16 October 2007 - 02:16 PM
i thought consensus was for a pause?
klh
best,
klh
klh
