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Technology Stocks : Intel Corporation (INTC)
INTC 48.71-3.0%10:16 AM EST

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To: Ted Jackson who wrote (4100)10/14/1996 1:38:00 PM
From: Taqi Hasan   of 186894
 
Ted,

Great to know that you haven't lost any money in your last 19 option trades, that's pretty rare for option trading. I have been trading options for little more than a year, its been up and down. I bought INTC Nov 95s couple of weeks ago and sold them for a few points gain,
should have waited until it hit 107 last week but oh well. Bought INTC Nov 105s last week and plan to sell them tommorrow after the earnings announcement.

I used to wait too long to get a good run in the stock before selling the option but most of the time the options expired worthless. Since last month I have switched to a new strategy, get a few points and sell the option rather than getting greedy. Has been working pretty well, put $5000 in last month and its upto 10K now. Another one I am holding now is SUNW Jan 65s, another earnings play. Do you have any new options plays in mind?

Taqi
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