Medium risk trade
Buy Microsoft around 33.0 for 12pm EDT expiration
Microsoft announced another $40 billion buyback & an increase in its dividends
Stocks opened too high around 33.4, dropped back below 33.0 & is now rebounding from 33.0
It should be safer to buy now
Risk:
Stocks might drop later today
It dropped below 33.0 so it can drop again, but since it rebounded, it should go up higher for now, at least temporarily
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