Regular readers know we have been skeptical of bullish calls over the last couple years relating to a supposed refresh cycles for PCs. It is our belief ( as well as many much smarter than …
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On CNBC’s Fast Money last night (watch here) the panel talked Dow stocks and debated which were cheap and expensive to their historically averages. One name that screens expensive is MSFT. A month ago, Dan highlighted …
Continue readingBack on Aug 4th we legged into a bearish position in MSFT, financing the purchase of longer dated puts by selling shorter dated ones. To refresh, here was the trade & rationale:
Continue readingEvent: Salesforce.com (CRM) is scheduled to report their fiscal Q2 results next Thursday after the close. The options market is implying about a 9.5% weekly move. With the stock near $72, the Aug 72 straddle …
Continue readingRegular readers know that we try not to get sucked into investment ideas with buzz-phrases like cloud transition, upgrade cycles, back to school etc etc… that’s all mumbo jumbo that technology investors over-use in an …
Continue readingEvent: MSFT reports fiscal Q4 results tonight after the close. The options market is implying about a 5% one day move which is essentially inline with the 4 qtr avg one day move of about the …
Continue readingHere is a quick recap of trades that we initiated, closed, or debated in the week that was July 6th – July 10th:
Continue readingBack on June 16th when MSFT was $46 we placed a trade that played for a consolidation in the shares over the next month at the mid point of the 2015 range. Here was the …
Continue readingOn June 16th we placed a trade that defined a range in MSFT over the coming weeks into July expiration (read the full trade idea here). To refresh here was the in the money call …
Continue readingHere is a quick recap of trades that we initiated, closed, or debated in the week that was June 15th to June 19th:
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