Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 40.34

-2.6%

Dec 8 3:59 PM EST

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To: Sundar Rajan who wrote (63450)	8/26/1998 10:28:00 PM
From: EepOpp	of 186894

*OTOTOTOT hi sundar, your question is a little too vague. what are your most realistic expectations at the moment ( very bullish, bullish, neutral, bearish, very bearish)? what trading range do you expect for intc? then you can decide what to do. intc would have to move to about 93 1/2ish by october expiration for you to breakeven. it can happen but i'm not clever enough to know myself. but you seem to be expecting intc to hit 87/88 soon. in that case, you could sell sept. 80 puts for about 1 3/4 to 2. Or if you're really aggressive, sell the sept. 85 puts for 4 to 4 1/8. You will make money on them as long as INTC stays above about 79 1/2 on the 80 puts and about 82 1/2 on the 85 puts at expiration. But you will LOSE** money if it goes down below those levels. And if it hits your target by expiration, you can keep the premiums. at that point, you could get a higher price for you Oct. 90 calls and can sell the puts for a profit. i have not mentioned buying options because i'm assuming you don't want to spend any more money. just my 2 cents. i'm learning so please take this with a grain of salt. good luck. WT

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