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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who wrote (129997)10/17/2001 10:40:40 PM
From: mishedlo  Read Replies (1) of 436258
 
Leap calls on INTC.

He has made some good moves, but really.
If INTC goes to the moon, what will RMBS do?
I will tell you. INTC at 50, RMBS at 60.
Wouls rather by RMBS.
Right now, one can only lose $5 on RMBS max IMHO.
How much can INTC lose. $10 perhaps.

Risk reward on INTC is nuts.
If you are going to buy calls, may as well buy something with a payback.

For the record, I like RMBS (IF PCs are going to recover).

M
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