Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.26

+3.3%

10:51 AM EST

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To: kapkan4u who wrote (132810)	4/18/2001 11:38:34 AM
From: fingolfen	Read Replies (1) of 186894

I also sold 1500 AMD April covered call contracts at the strike price around $22.50 for an average of around $2.20. So the expiration above $24.70 will cost me some pretty penny plus tax. :-( YEEEOWCH! That's why I haven't ever been brave enough to play with puts or calls... I've got a "real job" and can't take the time to monitor the market closely enough to not loose my blessed shirt... I sold some dot.com at a loss this year to cover last year's tax bill... damn Alternative Minimum Tax... of course, that will give me a loss this year I can write off or use to offset potential gains... On the good side, it looks like there's been a bill introduced to eliminate the AMT retroactive to 1/1/00, H.R. 1487. Write your representative!!!

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