The Critical Investing Workshop Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : The Critical Investing Workshop

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: robwin who wrote (32930)	9/28/2000 7:31:04 AM
From: Clappy	Read Replies (1) of 35685

By the way, got a hot tip for you, buy as many INTC January 60 calls as you can get your hands on...it's a screaming buy at these prices... Looks like you could be right. From the CBOE Options chain: 01 Jan 60 (INQ AL-E) was last traded at 1 3/8. Pretty cheap. Figuring if you average down if it drops further... I wonder where INTC might be 4 months... 10 contracts for a little more than $1,300. So $1,300 is my downside. My upside? INTC has four months to move higher. At any point between now and Jan. expiration I can sell. There is a huge gap in INTC's chart between 50 and 55. Should the "struggling" INTC ever make a move to close that gap, I wonder what the Jan 60's will be worth. Sounds tempting. What else do you like? I'm learning a lot from you. -Clappy

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next