Option Pit's Mark Sebastian spoke on Bloomberg Markets about a long-term options trade in Microsoft Corporation (NASDAQ:MSFT).
He wants to buy the January 2020 105/135 call spread for $10. The trade breaks even at $115 or 6.89 percent above the current market price. Its maximal profit is $20 and it is going to reach it if the stock trades to $135 at the January 2020 expiration.
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