Followers | 689 |
Posts | 143796 |
Boards Moderated | 35 |
Alias Born | 03/10/2004 |
Monday, May 15, 2023 1:52:23 PM
By: Schaeffer's Investment Research | May 15, 2023
• Microsoft's $69 billion acquisition of Activision Blizzard is moving forward
• MSFT is holding near annual highs this month
Big Tech Microsoft Corp (NASDAQ:MSFT) once again landed on Schaeffer's Senior Quantitative Analyst Rocky White's list of stocks with the highest weekly options volume in the last two weeks. Per White's data, 1,945,366 calls and 1,509,180 puts were exchanged over the last two weeks, with the weekly 5/12 310-strike call the most popular.
Microsoft stock was last seen trading at $309.24, sporting a marginal midday lead even after European Union (EU) regulators approved the company's proposed $69 billion buyout of Activision Blizzard. The deal was previously stalled after the U.K. Competition and Markets Authority (CMA) blocked the acquisition due to competition concerns.
Bearish bets have been the popular pick amongst options traders. At the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX),MSFT sports a 50-day put/call volume ratio of 1.60 that ranks in the 90th percentile of its annual range.
After starting the year below $220, MSFT worked its way up the charts to an annual high of $313 by May 10, helped along by a post-earnings bear gap on April 25. Year-to-date, Microsoft stock is up more than 29%, with recent consolidation around $305 worth watching.
Read Full Story »»»
DiscoverGold
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor!
• DiscoverGold
Recent MSFT News
- Incase to Re-Launch Microsoft® PC Accessory Portfolio in 2024 • PR Newswire (US) • 08/29/2024 08:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/26/2024 10:01:30 PM
- IBM Closes China Research Division, Uber Fined $324M, Starliner to Return Without Astronauts • IH Market News • 08/26/2024 12:58:21 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/23/2024 08:27:59 PM
- Schwab and Snowflake Retreat in Premarket, WeRide Postpones IPO, Halliburton Cyberattack, McDonald’s Instagram Hack • IH Market News • 08/22/2024 09:37:42 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/21/2024 08:08:55 PM
- Deutsche Bank Faces Shareholder Backlash, Bank of America Sponsors 2026 World Cup, Quanterix CEO Buys More Shares • IH Market News • 08/16/2024 10:03:21 AM
- TSMC July Revenue Surges 45%, Nasdaq Accelerates Penny Stock Delistings, Moody’s Downgrades Intel to BAA1, and More • IH Market News • 08/09/2024 09:44:44 AM
- Palantir and Microsoft Partner to Deliver Enhanced Analytics and AI Services to Classified Networks for Critical National Security Operations • Business Wire • 08/08/2024 10:59:00 AM
- Joby Aviation Seeks Australian Certification, Arcadium Lithium Projects Suspended Due to Oversupply, and More • IH Market News • 08/07/2024 09:47:32 AM
- Futures Pointing To Continued Strength On Wall Street • IH Market News • 08/01/2024 01:07:37 PM
- U.S. Stocks Rally On Upbeat Earnings News, Rate Cut Optimism • IH Market News • 07/31/2024 08:44:24 PM
- Upbeat Earnings News May Spark Early Rally On Wall Street • IH Market News • 07/31/2024 01:07:54 PM
- AMD Shares Surge 9% on Earnings Beat; Match Group Rises 10%, Pinterest & Lemonade Drop 13%, and More Earnings Updates • IH Market News • 07/31/2024 09:59:10 AM
- ASML Rises 7% on Export Waiver; Intel Plans Layoffs, HSBC $3B Buyback Announced, and More • IH Market News • 07/31/2024 09:55:50 AM
- Nasdaq Moves Sharply Lower As Tech Stocks Slump But Dow Moves Higher • IH Market News • 07/30/2024 08:53:52 PM
- Microsoft earnings press release available on Investor Relations website • PR Newswire (US) • 07/30/2024 08:08:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/30/2024 08:03:22 PM
- Futures Pointing To Another Lackluster Session On Wall Street • IH Market News • 07/30/2024 01:23:43 PM
- U.S. Futures Climb Before Fed Meeting; Oil Prices Drop on China Demand Worries • IH Market News • 07/30/2024 10:06:14 AM
- F5 Shares Rise 15%; Diageo Falls 10% on Annual Sales Decline; BP Boosts Dividend and Buyback Program • IH Market News • 07/30/2024 10:03:59 AM
- U.S. Stocks Finish Choppy Trading Session Little Changed • IH Market News • 07/29/2024 08:44:00 PM
- Form PX14A6G - Notice of exempt solicitation submitted by non-management • Edgar (US Regulatory) • 07/29/2024 04:09:52 PM
- Optimism About Tech Earnings, Rate Cut May Lead To Strength On Wall Street • IH Market News • 07/29/2024 01:11:40 PM
- How AI is Transforming Marketing: Key Stocks to Watch in a $40B Industry • PR Newswire (Canada) • 07/29/2024 12:38:00 PM
Element79 Gold Corp Appoints Warren Levy to Board of Directors • ELMGF • Aug 28, 2024 9:51 AM
Integrated Ventures Announces Strategic Entry Into Health & Wellness Industry with Focus on GLP-1 Products • INTV • Aug 28, 2024 8:30 AM
ELEMENT79 ANNOUNCES UPLISTING TO OTCQB VENTURE MARKET • ELMGF • Aug 26, 2024 10:03 AM
North Bay Resources Announces Gold Assays up to 2.2 Ounces per Ton, Fran Gold Project, British Columbia • NBRI • Aug 26, 2024 10:00 AM
PickleJar Unveils Latest Venue Managed Services Innovations in Upcoming Webinar • PKLE • Aug 23, 2024 1:11 PM
Element79 Gold Corp Provides Update on Nevada Portfolio • ELMGF • Aug 23, 2024 8:00 AM