Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 47.14

-6.1%

3:59 PM EST

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To: Bernard Newman who wrote (6638)	12/19/1996 12:26:00 AM
From: Saban Kurucay	of 186894

Well sorry if the small explanation I gave was not enough...( I know , I know , I'm a lousy writer:)) ). Well, as to the expiration, since even the 140 Calls where gobbled up on Monday, my bias is towards saying that it should close above or very close to 140. However, if I were to trade the ideal time to jump in was Tuesday morning, right now the risk is greater. I would feel comfortable holding open positions with a very close look at the markets during Thursday and Friday but would not necessarily add on new positions. This entire scenario also somewhat depends on the index arbitrage for the futures/options expiration and which way the big guys are positioned. Again, the above comments are solely based on my current evaluation of option volume. As always do your own homework and remember do not even touch options if you can not stomach the risk. Especially close to expiration....!! Happy trading to everyone.... --Saban P.S. By the way there is an entire very important word missing in my previous post. Should proofread better in the future. It should have read "a couple thousand contracts" instead of "a couple contracts"

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