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A large unusual tranche of Microsoft Corp (MSFT) put options traded today. These puts are out-of-the-money (OTM) and could be a bullish trade. MSFT stock continues to look undervalued given its strong free cash flow.
MSFT is at $443.84 in midday trading, up from a recent low of $415.67 on Jan. 14. The stock continues to look undervalued to value investors and could be worth over $561 per share over the next year, or an upside of 26.5%.