Microsoft shares continued their month-long advance on 16 June, touching $500 intraday and setting another all-time high. The stock had already notched records earlier in the week, closing at $479.63 on 12 June and trading at $478.87 on 13 June. The rally has drawn a wave of bullish options activity. Roughly $40 million in Microsoft call contracts changed hands in two large trades on 16 June, according to market data. Earlier, a single investor bought 8,847 January 2026 $520 calls for $19.10 apiece—an outlay of almost $17 million—while another trade saw $2.4 million spent on calls executed above the ask price. TipRanks placed Microsoft’s put-to-call ratio at 0.68 on 12 June, showing bullish wagers outnumbering bearish ones, and said implied volatility remained near the bottom 10 % of this year’s range. Traders say the positioning points to expectations for further gains in the stock. The optimism mirrors wider strength among large-capitalization technology names. Nvidia shares rose 2.08 % to $144.93 on 16 June, approaching their own record, while companies including Palantir, IBM and Raytheon also set fresh highs during the session.