Intel: Short Term Stock and Option Trading/Strategies Message Board

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Technology Stocks : Intel: Short Term Stock and Option Trading/Strategies

INTC 41.34

-0.4%

3:59 PM EDT

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To: RayW who wrote (188)	3/28/1997 5:00:00 PM
From: Zoran	of 220

PWal, Miracle has happened. RayW posted something that actually makes sense. I don't trade INTC options anymore. By losing a lot of money on INTC calls in the past five years I learned that when you feel the strongest about INTC the price will drop. Everybody expects great earnings and they will drive the stock price up 10-15 points (I don't use absolute numbers because I'm worried about the overall market next week, which may severely affect INTC too). But on Apr. 15 the stock price will drop and keep on dropping till all the bulls lose all their money on their calls. For somebody who doesn't have much experience in trading options I'd recommend energy or financial stocks. They don't issue hype press realeses so they can be more predictable once you guess the trend. Zoran

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