TopgOptions

MSFT Microsoft Bought 49% Stake in OpenAI creator of ChatGPT

Long
TopgOptions Updated   
NASDAQ:MSFT   Microsoft Corp.
MSFT has reached our Buy area:

Microsoft purchased a 49% stake in OpenAI, creator of ChatGPT, for $10 billion.
Which i think it will turn out to be the best investment in MSFT history!
Microsoft Corporation (MSFT) integrates Chat GPT into its Bing, Office, and it Azure service!

Now looking at the MSFT Microsoft options chain ahead of earnings , I would buy the $245 strike price Calls with
2023-2-27 expiration date for about
$1.60 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.

Or at least buy shares for the long run! They will compete with GOOGL thanks to OpenAI.

Looking forward to read your opinion about it.
Trade closed: target reached:
Price target reached, MSFT trading at $249.82 intraday and the calls at $3.10 from $1.60 when I posted the idea.

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