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Technology Stocks : Intel Corporation (INTC)
INTC 50.59+4.9%Feb 6 9:30 AM EST
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To: jack c rains who wrote (9984)2/3/1997 10:39:00 AM
From: Armando Cardenas   of 186894
 
To Jack, Barry, jmac, or any Guru out there:
For some time there has been some talk about buying IBM puts for protection. For somebody who has done this before, it must be easy to understand, but for some of us with no experience in PUTS, it is Greek.
I have been trading CALLS for some time and the idea of buying some kind of protection sounds great. As far as IBM PUTS , there are lots of choices:
140, 145, 150 or 160, 165?? And also February or March?
I do need some protection, please elaborate
Keep cool you All, Armando
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