Microsoft (NASDAQ: MSFT) is recently up .77 to $29.41. The Wall Street Journal reported MSFT is in talks about an investment in Facebook. WSJ.com says "investment would value Facebook at $10 billion or more." MSFT had cash & equivalents of $6 billion as of 6/30/07. MSFT call option volume of 96,641 contracts compares to put volume of 30,220 contracts. MSFT October option implied volatility of 23 is near its 26-week average according to Track Data, suggesting non-directional risk.
Daily options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.
Why do we have a weak dollar?
Holiday hiring slow for retailers
Closing Bell: What sell-off? (AIG, ABK, EPR, MBI, JAVA, ORCL, ERTS)
