Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 39.36

-0.1%

3:59 PM EST

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To: tcmay who wrote (137473)	6/16/2001 4:44:44 AM
From: Elmer	Read Replies (1) of 186894

-- However, if the stock goes up, in a covered call the stock is taken away at the strike price. Sell a CC on Intel at $30 and watch it get taken away for $30 when Intel is trading at $45 and it won't seem like such a good deal, will it? I see you don't play this game much, or you would know better. Rolling allows one to move up and out to higher and later strike prices without losing their shares. I've never lost a share of Intel and I've been writing CCs for years. Sometime I have to move out farther than I'd like but that's goes with playing the game.

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