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Technology Stocks : Intel Corporation (INTC)
INTC 46.95-2.8%Jan 16 3:59 PM EST

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To: Amy J who wrote (140055)7/25/2001 10:11:09 AM
From: Elmer  Read Replies (1) of 186894
 
I had been betting on INTC remaining relatively flat or down, but I tend to believe it is time to change strategies on CCs a bit and be more careful moving forward. Are you sensing this too? What are you doing or planning on doing? I don't want to have INTC called away.

I am short August $30s. I am not worried about being called away because I can always roll out. Keep an eye on the premium. As long as it's more profitable to sell the premium, it's very unlikely anyone would exercise it.

EP
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