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Technology Stocks : Intel Corporation (INTC)
INTC 40.56+10.2%Nov 28 9:30 AM EST

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To: Hightechhooper who wrote (124197)1/4/2001 5:25:49 PM
From: Elmer  Read Replies (2) of 186894
 
Re: "I am still nervous about the rolling strategy given I am praying INTC will get into an uptrend here after the fallout from Q1 conference call. I think INTC has more likelihood of trading over 40 by february expiration than it does over 37.5 by January"

Of course we all want our short option positions to expire worthless. The rolling technic is only used when you are in danger of being assigned.

!!!!!! ALERT !!!!!!! FED JUST CUT ANOTHER .25% !!!!!!
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