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Technology Stocks : Intel Corporation (INTC)
INTC 36.86+1.7%3:55 PM EST

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To: Elmer who wrote (93245)12/1/1999 2:50:00 PM
From: Gerald Walls  Read Replies (1) of 186894
 
If you're willing to buy at $74, why not sell a $75 PUT and get it even cheaper?

That depends on INTC being less than 75 at expiration. INTC could drop to 70, recover to 76 by expiration and head on to 100 afterwards and all he'd get is the put premium.
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