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Microsoft exec Bob Muglia set to win $1.6 million bet against stock By Owen Thomas, 4:20 PM on Mon Mar 31 2008,
Muglia, a stalwart cheerleader for Microsoft's Windows Vista, owns 6.7 million Microsoft options rendered worthless by the drop in its stock price. But he also has a sure way to profit from the slumping price. Last October, Muglia wrote a call option requiring him to sell $1.6 million worth of Microsoft shares, but only if the stock hit $32.50. The option expires on April 18; unless Microsoft shares rise dramatically in the next two weeks, Muglia's set to pocket whatever money he made selling the option. A wise move
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