Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.85

+1.6%

3:59 PM EST

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To: Road Walker who wrote (161607)	3/9/2002 1:02:39 AM
From: kapkan4u	Read Replies (1) of 186894

<He can't drive too fast with all those Intel leap puts weighing him down.> Let's see, I bought INTC 500 contracts Jan 2003 $20 puts for $1.10 and 300 Jan 2004 $20 put contracts for $1.60 for a total of $103K. Today I can get about $90K back for them. And don't forget that a lot of bad shit can happen to INTC between now and Jan 2003 and 2004. But even if I loose all, its really peanuts to offset some huge gains that I am making. BTW I covered AMD 1500 short contracts Jan 2003 $15 puts today for $3.10. Made some good cabbage on that. Kap

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