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Technology Stocks : INTEL TRADER

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To: AurumRabosa who wrote (6873)9/25/1999 3:50:00 PM
From: Gersh Avery  Read Replies (1) of 11051
 
So then ..

Perhaps the way to work that might be to sell INTC $90 puts when the price is ~$60 and buy the stock at the same time?

If you are correct that should put your landed cost of INTC at ~$30. That's if you do a 1 to 1 ratio.

If you do a 2 to 1 ratio then the landed cost would be $0.

Make it tastey .. call them say .. 2001 leap puts <G>

Course .. if that ain't the bottom you'll get bit real bad.

Gersh
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