Microsoft Corp (MSFT) will release its Dec. qtr. earnings (fiscal Q2) on Tuesday. Analysts will be looking at how the company is monetizing its AI activities. They will be also scrutinizing the company’s operating and FCF margins. In any case, short-put income plays are now very popular for shareholders. This is based on a contrarian reaction to how far the stock has moved up. For example, MSFT stock is now over $400 at $403.93. It’s already up 7.4% this month alone from $376.04 at the end of December 2023. But this rise has also pushed its put options premiums higher. Traders are expecting a …