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 Corporation (INTC)
INTC 36.46+1.1%2:30 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Patsy Collins who wrote (1539)5/31/1996 1:07:00 PM
From: dppl   of 186894
 
Patsy, that's a market timing question and so far, working with my charts and models, I've found writing calls very tricky indeed unless you do it as a day-trader and pounce on the occasion for a point or 2.

What's your strategy with INTC?

Compare the MSFT chart. When it touched 120 intraday a few weeks ago I was very temped to write a covered call at 115 or even 120. But although MSFT came down a bit I don't think I ever could have made more than a point or two -- this in exchange for the possibility of MSFT shooting up to 125 on somebody or other's "strong buy" recommendation.

good luck

dppl
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext