<p>拥有大量资金的鲸鱼对 <strong>微软</strong> 采取了明显的看跌态度。</p>
<p>查看微软（纳斯达克：MSFT）的期权历史，我们发现了 16 笔交易。</p>
<p>如果考虑每笔交易的具体情况，可以准确地说，37% 的投资者以看涨的预期开仓，43% 则是看跌。</p>
<p>在所有发现的交易中，有 4 笔是看跌期权，总金额为 148,975 美元，12 笔是看涨期权，总金额为 517,791 美元。</p>
<h3>预期价格变动</h3>
<p>根据交易活动，显著投资者的目标价格区间为微软在最近三个月内的 260.0 美元至 510.0 美元。</p>
<h3>成交量与未平仓合约趋势</h3>
<p>就流动性和兴趣而言，今天微软期权交易的平均未平仓合约为 2875.64，总成交量为 7,678.00。</p>
<p>在下图中，我们可以跟踪微软大额资金交易的看涨和看跌期权在 260.0 美元至 510.0 美元的行权价范围内的成交量和未平仓合约的发展，时间跨度为过去 30 天。</p>
<h3>微软过去 30 天的期权成交量和未平仓合约</h3>
<p><img src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2025/1766761309_0.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="期权看涨图表" original-src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2025/1766761309_0.png"/></p>
<h3>发现的最大期权：</h3>
<table>
<thead>
<tr>
<th><strong>符号</strong></th>
<th><strong>看跌/看涨</strong></th>
<th><strong>交易类型</strong></th>
<th><strong>情绪</strong></th>
<th><strong>到期日</strong></th>
<th><strong>卖出价</strong></th>
<th><strong>买入价</strong></th>
<th><strong>价格</strong></th>
<th><strong>行权价</strong></th>
<th><strong>总交易价格</strong></th>
<th><strong>未平仓合约</strong></th>
<th align="right"><strong>成交量</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>MSFT</td>
<td>看涨</td>
<td>扫单</td>
<td>看跌</td>
<td>01/02/26</td>
<td>$9.95</td>
<td>$9.8</td>
<td>$9.8</td>
<td>$480.00</td>
<td>$63.7K</td>
<td>727</td>
<td align="right">87</td>
</tr>
<tr>
<td>MSFT</td>
<td>看涨</td>
<td>交易</td>
<td>看涨</td>
<td>02/20/26</td>
<td>$11.25</td>
<td>$11.15</td>
<td>$11.25</td>
<td>$510.00</td>
<td>$56.2K</td>
<td>10.7K</td>
<td align="right">2</td>
</tr>
<tr>
<td>MSFT</td>
<td>看涨</td>
<td>交易</td>
<td>中性</td>
<td>01/02/26</td>
<td>$3.75</td>
<td>$3.6</td>
<td>$3.67</td>
<td>$490.00</td>
<td>$55.0K</td>
<td>2.8K</td>
<td align="right">276</td>
</tr>
<tr>
<td>MSFT</td>
<td>看跌</td>
<td>交易</td>
<td>看跌</td>
<td>12/26/25</td>
<td>$1.74</td>
<td>$1.64</td>
<td>$1.74</td>
<td>$487.50</td>
<td>$52.2K</td>
<td>1.5K</td>
<td align="right">406</td>
</tr>
<tr>
<td>MSFT</td>
<td>看涨</td>
<td>交易</td>
<td>中性</td>
<td>01/16/26</td>
<td>$8.0</td>
<td>$7.9</td>
<td>$7.95</td>
<td>$490.00</td>
<td>$50.8K</td>
<td>12.4K</td>
<td align="right">104</td>
</tr>
</tbody>
</table>
<h3>关于微软</h3>
<p>微软开发和许可消费及企业软件。它以其 Windows 操作系统和 Office 办公套件而闻名。该公司分为三个同等规模的广泛部门：生产力和业务流程（传统的 Microsoft Office、基于云的 Office 365、Exchange、SharePoint、Skype、LinkedIn、Dynamics）、智能云（基础设施和平台即服务产品 Azure、Windows Server 操作系统、SQL Server）以及更多个人计算（Windows 客户端、Xbox、Bing 搜索、展示广告以及 Surface 笔记本、平板电脑和台式机）。</p>
<p>在分析了与微软相关的期权活动后，我们转向更仔细地观察公司的自身表现。</p>
<h3>微软的当前市场状况</h3>
<ul>
<li>MSFT 的交易量为 785,734，价格下跌了-0.08%，达到 487.61 美元。</li>
<li>当前的相对强弱指数（RSI）值表明该股票目前在超买和超卖之间处于中性状态。</li>
<li>下一次财报预计在 33 天后发布。</li>
</ul>
<h3>专业分析师对微软的评级</h3>
<p>在过去一个月中，2 位专家对该股票发布了评级，平均目标价格为 637.5 美元。</p>
<p><strong>发现异常期权活动：聪明资金在行动</strong></p>
<p>Benzinga Edge 的异常期权板块在潜在市场动向发生之前发现它们。查看大资金在您喜欢的股票上采取了什么头寸。点击这里访问。
* 在谨慎的举动中，Wedbush 的一位分析师将其评级下调至跑赢大盘，设定目标价格为 625 美元。
* DA Davidson 的一位分析师在评估中保持对微软的买入评级，目标价格为 650 美元。</p>
<p>交易期权涉及更大的风险，但也提供了更高利润的潜力。精明的交易者通过持续教育、战略性交易调整、利用各种指标以及关注市场动态来降低这些风险。通过 Benzinga Pro 跟踪微软的最新期权交易，获取实时警报。</p>

微软

2 倍做多 MSFT ETF - GraniteShares

MSFO

微软每日 1 倍做空 ETF - Direxion

微软每日 2 倍做多 ETF - Direxion

MSFX

MSFY

<p>鲸鱼投资者对微软（MSFT）持看跌态度，43% 的交易为看跌。重要投资者的目标价格区间为 260 美元至 510 美元。平均未平仓合约为 2875.64，交易量为 7678。分析师评级各异，目标价格在 625 美元至 650 美元之间。MSFT 当前价格为 487.61 美元，下跌 0.08%。下一个财报将在 33 天后发布</p>

<p>Whales with a lot of money to spend have taken a noticeably bearish stance on <strong>Microsoft</strong>.</p>
<div class="lb-trans"><p>拥有大量资金的鲸鱼对 <strong>微软</strong> 采取了明显的看跌态度。</p>
</div><p>Looking at options history for Microsoft (NASDAQ: MSFT) we detected 16 trades.</p>
<div class="lb-trans"><p>查看微软（纳斯达克：MSFT）的期权历史，我们发现了 16 笔交易。</p>
</div><p>If we consider the specifics of each trade, it is accurate to state that 37% of the investors opened trades with bullish expectations and 43% with bearish.</p>
<div class="lb-trans"><p>如果考虑每笔交易的具体情况，可以准确地说，37% 的投资者以看涨的预期开仓，43% 则是看跌。</p>
</div><p>From the overall spotted trades, 4 are puts, for a total amount of $148,975 and 12, calls, for a total amount of $517,791.</p>
<div class="lb-trans"><p>在所有发现的交易中，有 4 笔是看跌期权，总金额为 148,975 美元，12 笔是看涨期权，总金额为 517,791 美元。</p>
</div><h3>Expected Price Movements</h3>
<div class="lb-trans"><h3>预期价格变动</h3>
</div><p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $260.0 to $510.0 for Microsoft over the recent three months.</p>
<div class="lb-trans"><p>根据交易活动，显著投资者的目标价格区间为微软在最近三个月内的 260.0 美元至 510.0 美元。</p>
</div><h3>Volume &amp; Open Interest Trends</h3>
<div class="lb-trans"><h3>成交量与未平仓合约趋势</h3>
</div><p>In terms of liquidity and interest, the mean open interest for Microsoft options trades today is 2875.64 with a total volume of 7,678.00.</p>
<div class="lb-trans"><p>就流动性和兴趣而言，今天微软期权交易的平均未平仓合约为 2875.64，总成交量为 7,678.00。</p>
</div><p>In the following chart, we are able to follow the development of volume and open interest of call and put options for Microsoft's big money trades within a strike price range of $260.0 to $510.0 over the last 30 days.</p>
<div class="lb-trans"><p>在下图中，我们可以跟踪微软大额资金交易的看涨和看跌期权在 260.0 美元至 510.0 美元的行权价范围内的成交量和未平仓合约的发展，时间跨度为过去 30 天。</p>
</div><h3>Microsoft Option Volume And Open Interest Over Last 30 Days</h3>
<div class="lb-trans"><h3>微软过去 30 天的期权成交量和未平仓合约</h3>
</div><p><img src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2025/1766761309_0.png" alt="Options Call Chart" original-src="https://www.benzinga.com/files/images/story/2025/1766761309_0.png"/></p>
<h3>Biggest Options Spotted:</h3>
<div class="lb-trans"><h3>发现的最大期权：</h3>
</div><table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th align="right"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/02/26</td>
<td>$9.95</td>
<td>$9.8</td>
<td>$9.8</td>
<td>$480.00</td>
<td>$63.7K</td>
<td>727</td>
<td align="right">87</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>02/20/26</td>
<td>$11.25</td>
<td>$11.15</td>
<td>$11.25</td>
<td>$510.00</td>
<td>$56.2K</td>
<td>10.7K</td>
<td align="right">2</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/02/26</td>
<td>$3.75</td>
<td>$3.6</td>
<td>$3.67</td>
<td>$490.00</td>
<td>$55.0K</td>
<td>2.8K</td>
<td align="right">276</td>
</tr>
<tr>
<td>MSFT</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/26/25</td>
<td>$1.74</td>
<td>$1.64</td>
<td>$1.74</td>
<td>$487.50</td>
<td>$52.2K</td>
<td>1.5K</td>
<td align="right">406</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$8.0</td>
<td>$7.9</td>
<td>$7.95</td>
<td>$490.00</td>
<td>$50.8K</td>
<td>12.4K</td>
<td align="right">104</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th><strong>符号</strong></th>
<th><strong>看跌/看涨</strong></th>
<th><strong>交易类型</strong></th>
<th><strong>情绪</strong></th>
<th><strong>到期日</strong></th>
<th><strong>卖出价</strong></th>
<th><strong>买入价</strong></th>
<th><strong>价格</strong></th>
<th><strong>行权价</strong></th>
<th><strong>总交易价格</strong></th>
<th><strong>未平仓合约</strong></th>
<th align="right"><strong>成交量</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>MSFT</td>
<td>看涨</td>
<td>扫单</td>
<td>看跌</td>
<td>01/02/26</td>
<td>$9.95</td>
<td>$9.8</td>
<td>$9.8</td>
<td>$480.00</td>
<td>$63.7K</td>
<td>727</td>
<td align="right">87</td>
</tr>
<tr>
<td>MSFT</td>
<td>看涨</td>
<td>交易</td>
<td>看涨</td>
<td>02/20/26</td>
<td>$11.25</td>
<td>$11.15</td>
<td>$11.25</td>
<td>$510.00</td>
<td>$56.2K</td>
<td>10.7K</td>
<td align="right">2</td>
</tr>
<tr>
<td>MSFT</td>
<td>看涨</td>
<td>交易</td>
<td>中性</td>
<td>01/02/26</td>
<td>$3.75</td>
<td>$3.6</td>
<td>$3.67</td>
<td>$490.00</td>
<td>$55.0K</td>
<td>2.8K</td>
<td align="right">276</td>
</tr>
<tr>
<td>MSFT</td>
<td>看跌</td>
<td>交易</td>
<td>看跌</td>
<td>12/26/25</td>
<td>$1.74</td>
<td>$1.64</td>
<td>$1.74</td>
<td>$487.50</td>
<td>$52.2K</td>
<td>1.5K</td>
<td align="right">406</td>
</tr>
<tr>
<td>MSFT</td>
<td>看涨</td>
<td>交易</td>
<td>中性</td>
<td>01/16/26</td>
<td>$8.0</td>
<td>$7.9</td>
<td>$7.95</td>
<td>$490.00</td>
<td>$50.8K</td>
<td>12.4K</td>
<td align="right">104</td>
</tr>
</tbody>
</table>
</div><h3>About Microsoft</h3>
<div class="lb-trans"><h3>关于微软</h3>
</div><p>Microsoft develops and licenses consumer and enterprise software. It is known for its Windows operating systems and Office productivity suite. The company is organized into three equally sized broad segments: productivity and business processes (legacy Microsoft Office, cloud-based Office 365, Exchange, SharePoint, Skype, LinkedIn, Dynamics), intelligence cloud (infrastructure- and platform-as-a-service offerings Azure, Windows Server OS, SQL Server), and more personal computing (Windows Client, Xbox, Bing search, display advertising, and Surface laptops, tablets, and desktops).</p>
<div class="lb-trans"><p>微软开发和许可消费及企业软件。它以其 Windows 操作系统和 Office 办公套件而闻名。该公司分为三个同等规模的广泛部门：生产力和业务流程（传统的 Microsoft Office、基于云的 Office 365、Exchange、SharePoint、Skype、LinkedIn、Dynamics）、智能云（基础设施和平台即服务产品 Azure、Windows Server 操作系统、SQL Server）以及更多个人计算（Windows 客户端、Xbox、Bing 搜索、展示广告以及 Surface 笔记本、平板电脑和台式机）。</p>
</div><p>Following our analysis of the options activities associated with Microsoft, we pivot to a closer look at the company's own performance.</p>
<div class="lb-trans"><p>在分析了与微软相关的期权活动后，我们转向更仔细地观察公司的自身表现。</p>
</div><h3>Present Market Standing of Microsoft</h3>
<div class="lb-trans"><h3>微软的当前市场状况</h3>
</div><ul>
<li>With a trading volume of 785,734, the price of MSFT is down by -0.08%, reaching $487.61.</li>
<li>Current RSI values indicate that the stock is is currently neutral between overbought and oversold.</li>
<li>Next earnings report is scheduled for 33 days from now.</li>
</ul>
<div class="lb-trans"><ul>
<li>MSFT 的交易量为 785,734，价格下跌了-0.08%，达到 487.61 美元。</li>
<li>当前的相对强弱指数（RSI）值表明该股票目前在超买和超卖之间处于中性状态。</li>
<li>下一次财报预计在 33 天后发布。</li>
</ul>
</div><h3>Professional Analyst Ratings for Microsoft</h3>
<div class="lb-trans"><h3>专业分析师对微软的评级</h3>
</div><p>In the last month, 2 experts released ratings on this stock with an average target price of $637.5.</p>
<div class="lb-trans"><p>在过去一个月中，2 位专家对该股票发布了评级，平均目标价格为 637.5 美元。</p>
</div><p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<div class="lb-trans"><p><strong>发现异常期权活动：聪明资金在行动</strong></p>
</div><p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.
* In a cautious move, an analyst from Wedbush downgraded its rating to Outperform, setting a price target of $625.
* Consistent in their evaluation, an analyst from DA Davidson keeps a Buy rating on Microsoft with a target price of $650.</p>
<div class="lb-trans"><p>Benzinga Edge 的异常期权板块在潜在市场动向发生之前发现它们。查看大资金在您喜欢的股票上采取了什么头寸。点击这里访问。
* 在谨慎的举动中，Wedbush 的一位分析师将其评级下调至跑赢大盘，设定目标价格为 625 美元。
* DA Davidson 的一位分析师在评估中保持对微软的买入评级，目标价格为 650 美元。</p>
</div><p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Microsoft with Benzinga Pro for real-time alerts.</p>
<div class="lb-trans"><p>交易期权涉及更大的风险，但也提供了更高利润的潜力。精明的交易者通过持续教育、战略性交易调整、利用各种指标以及关注市场动态来降低这些风险。通过 Benzinga Pro 跟踪微软的最新期权交易，获取实时警报。</p>
</div>

Check Out What Whales Are Doing With MSFT

- 大型投资者对微软持谨慎看法，43% 投资者选择看空。  
- 近期交易显示，投资者预期微软价格将在 $260.0-$510.0 区间。  
- MSFT 当前价格为 $487.61，分析师目标价平均为 $637.5。

看看大户们是如何操作微软股票的