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Technology Stocks : Intel Corporation (INTC)
INTC 47.14-6.1%Feb 10 3:59 PM EST
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To: robert w fain who wrote (9098)1/23/1997 1:18:00 AM
From: up3up4   of 186894
 
Since I believe (IMHO) that INTC will hit 160 by or before expiration, I like 150c and 155c, unless you want to spend more money to buy 145c. Normally buying in-the-money is safer than out-of-money options.

I will get out of my position once it hit 160, by then my 155c will be worth at least 5 (+time) depends on how much time left.

Actually, does anyone think we will hit 160 by the end of the month?

ps. Just sharing my personal opinion, not promoting any purchase without understanding risk of trading options. Do it on your own risk.
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