<p>擁有大量資金的鯨魚對 <strong>微軟</strong> 採取了明顯的看跌態度。</p>
<p>查看微軟（納斯達克：MSFT）的期權歷史，我們發現了 16 筆交易。</p>
<p>如果考慮每筆交易的具體情況，可以準確地説，37% 的投資者以看漲的預期開倉，43% 則是看跌。</p>
<p>在所有發現的交易中，有 4 筆是看跌期權，總金額為 148,975 美元，12 筆是看漲期權，總金額為 517,791 美元。</p>
<h3>預期價格變動</h3>
<p>根據交易活動，顯著投資者的目標價格區間為微軟在最近三個月內的 260.0 美元至 510.0 美元。</p>
<h3>成交量與未平倉合約趨勢</h3>
<p>就流動性和興趣而言，今天微軟期權交易的平均未平倉合約為 2875.64，總成交量為 7,678.00。</p>
<p>在下圖中，我們可以跟蹤微軟大額資金交易的看漲和看跌期權在 260.0 美元至 510.0 美元的行權價範圍內的成交量和未平倉合約的發展，時間跨度為過去 30 天。</p>
<h3>微軟過去 30 天的期權成交量和未平倉合約</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="期權看漲圖表" original-src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2025/1766761309_0.png"/></p>
<h3>發現的最大期權：</h3>
<table>
<thead>
<tr>
<th><strong>符號</strong></th>
<th><strong>看跌/看漲</strong></th>
<th><strong>交易類型</strong></th>
<th><strong>情緒</strong></th>
<th><strong>到期日</strong></th>
<th><strong>賣出價</strong></th>
<th><strong>買入價</strong></th>
<th><strong>價格</strong></th>
<th><strong>行權價</strong></th>
<th><strong>總交易價格</strong></th>
<th><strong>未平倉合約</strong></th>
<th align="right"><strong>成交量</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>MSFT</td>
<td>看漲</td>
<td>掃單</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>看漲</td>
<td>交易</td>
<td>看漲</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>看漲</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>看漲</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>關於微軟</h3>
<p>微軟開發和許可消費及企業軟件。它以其 Windows 操作系統和 Office 辦公套件而聞名。該公司分為三個同等規模的廣泛部門：生產力和業務流程（傳統的 Microsoft Office、基於雲的 Office 365、Exchange、SharePoint、Skype、LinkedIn、Dynamics）、智能雲（基礎設施和平台即服務產品 Azure、Windows Server 操作系統、SQL Server）以及更多個人計算（Windows 客户端、Xbox、Bing 搜索、展示廣告以及 Surface 筆記本、平板電腦和台式機）。</p>
<p>在分析了與微軟相關的期權活動後，我們轉向更仔細地觀察公司的自身表現。</p>
<h3>微軟的當前市場狀況</h3>
<ul>
<li>MSFT 的交易量為 785,734，價格下跌了-0.08%，達到 487.61 美元。</li>
<li>當前的相對強弱指數（RSI）值表明該股票目前在超買和超賣之間處於中性狀態。</li>
<li>下一次財報預計在 33 天后發佈。</li>
</ul>
<h3>專業分析師對微軟的評級</h3>
<p>在過去一個月中，2 位專家對該股票發佈了評級，平均目標價格為 637.5 美元。</p>
<p><strong>發現異常期權活動：聰明資金在行動</strong></p>
<p>Benzinga Edge 的異常期權板塊在潛在市場動向發生之前發現它們。查看大資金在您喜歡的股票上採取了什麼頭寸。點擊這裏訪問。
* 在謹慎的舉動中，Wedbush 的一位分析師將其評級下調至跑贏大盤，設定目標價格為 625 美元。
* DA Davidson 的一位分析師在評估中保持對微軟的買入評級，目標價格為 650 美元。</p>
<p>交易期權涉及更大的風險，但也提供了更高利潤的潛力。精明的交易者通過持續教育、戰略性交易調整、利用各種指標以及關注市場動態來降低這些風險。通過 Benzinga Pro 跟蹤微軟的最新期權交易，獲取實時警報。</p>

微軟

2 倍做多 MSFT ETF - GraniteShares

MSFO

微軟每日 1 倍做空 ETF - Direxion

微軟每日 2 倍做多 ETF - Direxion

MSFX

MSFY

<p>鯨魚投資者對微軟（MSFT）持看跌態度，43% 的交易為看跌。重要投資者的目標價格區間為 260 美元至 510 美元。平均未平倉合約為 2875.64，交易量為 7678。分析師評級各異，目標價格在 625 美元至 650 美元之間。MSFT 當前價格為 487.61 美元，下跌 0.08%。下一個財報將在 33 天后發佈</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>擁有大量資金的鯨魚對 <strong>微軟</strong> 採取了明顯的看跌態度。</p>
</div><p>Looking at options history for Microsoft (NASDAQ: MSFT) we detected 16 trades.</p>
<div class="lb-trans"><p>查看微軟（納斯達克：MSFT）的期權歷史，我們發現了 16 筆交易。</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>如果考慮每筆交易的具體情況，可以準確地説，37% 的投資者以看漲的預期開倉，43% 則是看跌。</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>在所有發現的交易中，有 4 筆是看跌期權，總金額為 148,975 美元，12 筆是看漲期權，總金額為 517,791 美元。</p>
</div><h3>Expected Price Movements</h3>
<div class="lb-trans"><h3>預期價格變動</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>根據交易活動，顯著投資者的目標價格區間為微軟在最近三個月內的 260.0 美元至 510.0 美元。</p>
</div><h3>Volume &amp; Open Interest Trends</h3>
<div class="lb-trans"><h3>成交量與未平倉合約趨勢</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>就流動性和興趣而言，今天微軟期權交易的平均未平倉合約為 2875.64，總成交量為 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>在下圖中，我們可以跟蹤微軟大額資金交易的看漲和看跌期權在 260.0 美元至 510.0 美元的行權價範圍內的成交量和未平倉合約的發展，時間跨度為過去 30 天。</p>
</div><h3>Microsoft Option Volume And Open Interest Over Last 30 Days</h3>
<div class="lb-trans"><h3>微軟過去 30 天的期權成交量和未平倉合約</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>發現的最大期權：</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>符號</strong></th>
<th><strong>看跌/看漲</strong></th>
<th><strong>交易類型</strong></th>
<th><strong>情緒</strong></th>
<th><strong>到期日</strong></th>
<th><strong>賣出價</strong></th>
<th><strong>買入價</strong></th>
<th><strong>價格</strong></th>
<th><strong>行權價</strong></th>
<th><strong>總交易價格</strong></th>
<th><strong>未平倉合約</strong></th>
<th align="right"><strong>成交量</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>MSFT</td>
<td>看漲</td>
<td>掃單</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>看漲</td>
<td>交易</td>
<td>看漲</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>看漲</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>看漲</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>關於微軟</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>微軟開發和許可消費及企業軟件。它以其 Windows 操作系統和 Office 辦公套件而聞名。該公司分為三個同等規模的廣泛部門：生產力和業務流程（傳統的 Microsoft Office、基於雲的 Office 365、Exchange、SharePoint、Skype、LinkedIn、Dynamics）、智能雲（基礎設施和平台即服務產品 Azure、Windows Server 操作系統、SQL Server）以及更多個人計算（Windows 客户端、Xbox、Bing 搜索、展示廣告以及 Surface 筆記本、平板電腦和台式機）。</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>在分析了與微軟相關的期權活動後，我們轉向更仔細地觀察公司的自身表現。</p>
</div><h3>Present Market Standing of Microsoft</h3>
<div class="lb-trans"><h3>微軟的當前市場狀況</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 的交易量為 785,734，價格下跌了-0.08%，達到 487.61 美元。</li>
<li>當前的相對強弱指數（RSI）值表明該股票目前在超買和超賣之間處於中性狀態。</li>
<li>下一次財報預計在 33 天后發佈。</li>
</ul>
</div><h3>Professional Analyst Ratings for Microsoft</h3>
<div class="lb-trans"><h3>專業分析師對微軟的評級</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>在過去一個月中，2 位專家對該股票發佈了評級，平均目標價格為 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>發現異常期權活動：聰明資金在行動</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 的異常期權板塊在潛在市場動向發生之前發現它們。查看大資金在您喜歡的股票上採取了什麼頭寸。點擊這裏訪問。
* 在謹慎的舉動中，Wedbush 的一位分析師將其評級下調至跑贏大盤，設定目標價格為 625 美元。
* DA Davidson 的一位分析師在評估中保持對微軟的買入評級，目標價格為 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>交易期權涉及更大的風險，但也提供了更高利潤的潛力。精明的交易者通過持續教育、戰略性交易調整、利用各種指標以及關注市場動態來降低這些風險。通過 Benzinga Pro 跟蹤微軟的最新期權交易，獲取實時警報。</p>
</div>

Check Out What Whales Are Doing With MSFT

- 大型投資者對微軟持謹慎看法，43% 投資者選擇看空。  
- 近期交易顯示，投資者預期微軟價格將在 $260.0-$510.0 區間。  
- MSFT 當前價格為 $487.61，分析師目標價平均為 $637.5。

看看大户們是如何操作微軟股票的