Expiration Thursday? This one is really hard to game. We saw some stocks like

Intel

(INTC) - Get Report

rip down through strikes -- the 125 and 120 -- and I can't believe that stock won't get pinned at 120 today.

The wild card is

Microsoft

(MSFT) - Get Report

, which has a conference call slated for after expiration. That means the April 80 calls, which expire at the close, won't give you the call you are looking for as a way to play the possibilities that 'Soft had a stronger March to make up for the weak January.

We think today is a benign day. We think most stocks have worked their way to strikes that will define the activity. Research has been quiet, even though the conference calls continue to pour in.

I suspect people will try to sneak out early today ahead of the three-day weekend. Maybe, just maybe, nothing will happen. Would that be a pleasure, or what?

James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund was long Intel and Microsoft. His fund often buys and sells securities that are the subject of his columns, both before and after the columns are published, and the positions that his fund takes may change at any time. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Cramer's writings provide insights into the dynamics of money management and are not a solicitation for transactions. While he cannot provide investment advice or recommendations, he invites you to comment on his column at

jjcletters@thestreet.com.