Bullish Option Flow Detected In Microsoft $MSFT Stock

  • Post category:Options Trading
  • Reading time:6 mins read
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Bullish option flow was detected in MSFT stock on December 10, 2021, after the EU approved the Nuance deal.

Bullish Option Flow In MSFT Stock

Msft Stock Option Flow

Make sure to review this lesson on option flow so that you understand the image above.

Microsoft set for unconditional EU approval of Nuance deal, Reuters reports

On December 10, 2021, Reuters reported that Microsoft (MSFT) is set to secure unconditional European Union antitrust approval for its $16B bid for Nuance Communications (NUAN). Microsoft is in talks with the European Commission ahead of filing a request for approval of the deal; sources told Reuters. The company is also in preliminary discussions with the U.K. antitrust agency Competition and Markets Author ahead of a formal request for approval of the deal, the sources added. The deal has already received regulatory approval in the United States and Australia. Source: https://www.reuters.com/business/exclusive-eu-regulators-set-okay-16-bln-microsoft-nuance-deal-sources-say-2021-12-10/

Samsung, Microsoft work on augmented reality HoloLens project, The Elec reports

On December 8, 2021, Samsung Electronics (SSNLF) and Microsoft (MSFT) have started an augmented reality HoloLens project, Gijong Lee of The Elect reports. The project will last two years and begin during the summer of this year; sources told The Elec. Samsung had formed a task force for the project earlier this year, and sources told The Elec multiple Samsung business divisions are working on the project. The project will last until 2023, and Microsoft and Samsung will unveil a commercial project resulting from the project in 2024. Source: http://www.thelec.net/news/articleView.html?idxno=3653

Microsoft announces quarterly dividend

On December 7, 2021, Microsoft announced that its board of directors declared a quarterly dividend of $0.62 per share. The dividend is payable March 10, 2022, to shareholders of record on February 17, 2022. The ex-dividend date will be February 16, 2022.

Microsoft, DOJ resolve discrimination allegations

On December 7, 2021, The Department of Justice announced it has reached a settlement agreement with Microsoft Corporation resolving allegations that the company discriminated against non-U.S. citizens based on their citizenship status during the early stages of Microsoft’s hiring process by asking them for unnecessary, specific immigration documents to prove they could work for the company without needing its sponsorship for work visas. The settlement also resolves claims that the company discriminated against lawful permanent residents whom the company asked for more or different documents than legally required, to reverify their continuing permission to work in the United States.

The department’s independent investigation began after a Microsoft applicant’s spouse called IER’s hotline to report that the company asked her husband for his Permanent Resident Card while he was applying for a job at Microsoft’s Redmond, Washington, facility. The investigation found evidence that the company repeatedly asked lawful permanent residents, refugees and asylees to undergo an evaluation of their need for Microsoft to sponsor them for an employment-based visa even though they do not require sponsorship to work in the United States. The investigation determined that the company discriminated against at least six lawful permanent residents based on their immigration status during this visa evaluation process, by asking them to show a Permanent Resident Card to prove they had permission to work without employer sponsorship. The investigation also determined that from at least June 2019 until at least January 2020, Microsoft routinely sent emails to lawful permanent residents asking them for documents to confirm their continued work authorization even though they had already provided documents showing permanent work authorization.

Microsoft raising Office prices for monthly subscribers by 20%, CNBC reports

On December 6, 2021, Microsoft informed partners that customers paying by the month will face a 20% hike unless they move to annual subscriptions, Jordan Novet of CNBC reports. Some smaller companies that are trying to preserve cash as they deal with pandemic-related challenges are frustrated by the changing model, which comes just after a price increase was announced in August for Microsoft 365, says Novet. Source: https://www.cnbc.com/2021/12/06/microsoft-will-charge-more-for-office-customers-paying-month-to-month.html

VIDEO Jim Cramer on why Microsoft had ‘the best quarter of the year’

On October 27, 2021, Mad Money host Jim Cramer and the ‘Squawk on the Street’ team break down shares of Microsoft following its latest quarterly earnings.

Jim Cramer on why Microsoft had 'the best quarter of the year'

MSFT Stock Technical Analysis

Msft Stock

Both the short-term and long-term trends are positive. This is a very positive sign. The rising large players volume looks VERY bullish. MSFT is part of the Software industry. There are 339 other stocks in this industry. MSFT outperforms 88% of them. MSFT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market. There is a support zone ranging from 321.12 to 335.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames. There is a resistance zone ranging from 343.12 to 343.12. This zone is formed by a combination of multiple trend lines in multiple time frames. Besides having an excellent technical rating, MSFT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 343.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 335.12, a stop order could be placed below this zone. Click here to sign up for email alerts on when MSFT stock is a good sell.

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