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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: DAY TRADER who wrote (20)6/5/1997 5:41:00 PM
From: (Bob) Zumbrunnen   of 201
 
Imagine running into you here, DT. I was watching the July 130 puts last week and kicking myself for not having bought. Would've been about a 5-bagger.

Was on the phone today with the broker, and almost ready to buy them, but noticed that it was regaining much of the ground it'd lost earlier today. Ended up buying some July170 Calls at $1.50. Will be watching carefully, as I also expect to be buying puts soon. I can't get a handle on what the price of this company will be in 5 weeks, but the one thing I'm certain about is that it won't be within $10 of what it is now.
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