SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel: Short Term Stock and Option Trading/Strategies
INTC 37.06-6.2%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Steve W. who wrote (131)3/22/1997 1:46:00 PM
From: H.P. Yee   of 220
 
Steve,

how much did you pay for the 170 Jan 99 calls?, Since you bought it in Dec 96, My guess is that you paid about $15 for it...,

If I were you, I would have no problem hold it at $15 cost basis, there is a very good chance that INTC will be well over $200 by Jan/99,

But if you feel otherwise, you may want to sell 170 Jan 98 calls to reduce your investment, you can do this again, by selling 180 Jan 99 call at Jan 98.

Of course, the risk is if INTC goes above 170 by Jan 98, you may have to close out the call (the ones you sold) at a loss.

IMHO

-H.P.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News