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Technology Stocks : INTEL- Money Making Option Ideas for Small Investors
INTC 40.95-1.0%10:14 AM EDT

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To: Dr. Bob who wrote (114)7/4/1997 4:30:00 PM
From: mark hedley   of 201
 
Whoa, there. If Intel closed at $145 on expiration day, and you had a contract with a $100 strike, you would close out your position and have $4500 in cash for a net $1400 loss, not a $5900 loss. The shares would have to close at or below $100 for you to lose everything.

Mark
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