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Technology Stocks : INTEL- Money Making Option Ideas for Small Investors
INTC 37.04-6.2%Nov 4 3:59 PM EST

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To: IQBAL LATIF who wrote ()5/5/1997 7:18:00 PM
From: HC   of 201
 
Iqbal:

I think the best way to make a few points is buying calls nearest to the expiration and closest to the strike price. e.g. Thismornig INTC was trading around 158 at 11 PST. May 165 calls were qoted @1 1/2-1 3/4 Bid and Ask. At the close of market INTC closed at 162 1/2 and the 165 calls were 2/58-2 3/4. I bought 5 contracts @ 1 1/2.

As the momentum is on your side this is a safe and low rsik/low cost strategy.

Have a profitable trading week.
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