Unusual Stock Trading by Whales in US Congress

Re:Unusual Stock Trading by Whales in US Congress by throwaway5752 on Thursday April 15, 2021 @01:50PM (#26823846)

Seriously, I am very serious about preventing conflicts of interest and insider trading. But Microsoft is a terrible example, they are extremely diversified. The contract was announced 3/31 and it's obvious that it had no particular impact on its share price since that date when looking at its peers: https://www.google.com/finance/quote/MSFT:NASDAQ?comparison=...

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Re:Unusual Stock Trading by Whales in US Congress by pc86 on Thursday April 15, 2021 @06:12PM (#26826806)

It went from approximately $235 to $250, which is about 6%. On calls, especially short-dated ones, that can easily be a 40-50% gain. I've got a number of different MSFT LEAPS in my portfolio and they all went up 15%+ on that news.

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Re:Unusual Stock Trading by Whales in US Congress by jmoss20 on Thursday April 15, 2021 @09:10PM (#26828178)

Relative to their peers though: Alphabet went up almost 8% the same day, clearly not due to Microsoft's VR contract.

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