Microsoft Corp. (MSFT) is trading down .19 to 26.51.? ?MSFT is trading near 52-week lows.

Paper sold a block of 13,897 MSFT Feb 28 calls for .28 hitting the bid at the time.? The strike has traded over 22,000 contracts on the day. ?Average contract volume is over 179,000 contracts per day in the name.? Open interest is over 35,000 contracts in the strike.? The implied volatility is up .5 points in Feb. There is no offsetting paper or stock against this trade that printed at concurrent times.

30-day implied volatility is 21%.?? 10-day implied volatility is 24%.? 30-day implied volatility is trading just under the 10-day historical volatility.

Microsoft Corporation is engaged in developing, licensing and supporting a range of software products and services.