Kenneth,
As you usual your post is a good source inforamtion, I thank you.
Now, what I did, maybe is a screw-up maybe not, I want your opinion.
Bought INTC yesterday at 158. Then immidaitely sold calls for July
19, strike price $ 170. I got something like $ 10 per share for the
calls. If figuered out on the July 19th, if the shares are at 171 or
up, then they will excercis the options apy me 170 that trasnlates to
another $ 12 per share, so I have made $ 22 per share total. If we
are under 170, then I get to keep the share, and I will sell if we are sitting above 165, and I will
keep under 165 for a better price. My feeling is, and I think you
agree, we could be sitting above 170. Ken, I don't play with options, but
damned it, I could'nt resist. Like Woody Alan movie, get the money and
run!! Pls, COMMENT!!
Now, no move on MSFT. Am waiting, will not sell under 150, and we
will get there, sooner than later.
MO, I will get rid off, at 50 and above. They are resolving their
problem. If they do, the stock is worth 120 based on the earnings.
The greed has set in, right you are!
Yaacov |
