Shares of Microsoft Corp. (MSFT) were trading down today .26 to $27.31.? MSFT is trading just $2 off of lows of the year.
Paper traded the MSFT Jan 2015? 37/42 call spread 14,000 times for .44.? The blocks went up at two different trades of 13,000 and 1,000 contracts on different exchanges.? Average contract volume is over 190,000 contracts per day.? Open Interest is very light on both strikes.? The implied volatility is flat, up around 1% today in the January 2015 options. This looks to be opening, very bullish paper for MSFT.? A similar trade went up yesterday.
30-day implied volatility is 21%.?? 10-day implied volatility is 17%.? 30-day implied volatility is trading just over the 10-day historical volatility. ?
Microsoft Corporation is engaged in developing, licensing and supporting a range of software products and services.