Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 38.16

+2.5%

Nov 7 9:30 AM EST

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To: Michael Bakunin who wrote (96323)	1/15/2000 6:09:00 AM
From: nihil	Read Replies (1) of 186894

How many, and what strikes? I plan to sell a bunch of LEAPs puts after next week, as soon as my 100 contracts expire valueless next week (highest I'm short is 85, although I have 30 long at 47.5 (1/16) which are ladder reversals of the pre-split 95's I sold at 18 more than a year ago. Se we're just squeezing out the last few pennies here. I've never (knock-knock) lost a penny on short Intel puts, although I've lost a bundle letting long Intel puts expire. Too bad my broker requires margin on my short puts. I consider selling the highest priced Intel leaps puts traded the lowest risk and highest reward-risk investment in Intel. It is also pleasurable making money from those who have little Intel faith.

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