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Technology Stocks : Intel Corporation (INTC)
INTC 46.47-4.5%Jan 30 9:30 AM EST

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To: who wrote (2161)7/12/1996 8:10:00 PM
From: dppl   of 186894
 
The most important thing about puts or calls is you have to be absolutely dead right and have to choose your moment exactly. I am to double my money on a put or call, otherwise I don't try. The good thing is you don't tie up a lot of cash, the bad thing is that the time premium can eat you up "in no time."

Try placing some test puts and calls. Keep a day by day record and indicate when you think a sell is ready or not - follow the action day by day to expiration. Do this a few times on stocks you are really convinced about. See what happens.

Putting your money where your ideas are will really concentrate your mind....

There's no room for having vague feelings in buying puts or calls... (unless you are protecting yourself.)

good luck
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