Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 40.51

+0.4%

Dec 9 3:59 PM EST

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To: Amy J who wrote (180768)	4/13/2005 4:44:00 PM
From: GVTucker	Read Replies (1) of 186894

Amy, RE: I see. I think it's okay, provided it's only used as a protective hedge on underlying stock you already own and want to capture gains by selling them, then I think it's okay. But not for straight out purchasing of leaps in an IRA. That's gambling. Much too risky for an IRA and most would lose on leap trades - the statistics in one of my text books shows this to be the case. Your gains on a previous trade are irrelevant. It is still a gamble just as much as if you hadn't made money in the stock before. Your risk is exactly equal. Still, though, I don't see why it should be prohibited in an IRA any more than a small cap stock should. There are thousands of stocks that have a ton of risk greater than an Intel in the money LEAP. An IRA is a self managed fund. If you want to risk your retirement on a penny stock or a LEAP or anything else, that's your business.

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