Intel Corporation (INTC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC)

INTC 37.24

-0.2%

12:52 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: MichaelW who wrote (38979)	11/5/1997 1:04:00 PM
From: L. Adam Latham	Read Replies (1) of 186894

MichaelW: Examining the amount of open interest in November puts and calls shows that the payout by the writers is minimized at $85 (as of today). Whether you believe that the MMs can move the price to their benefit or not, the closing price on expiration day is rarely more than +/-$7.5 from the minimum payout amount, usually within +/-$5, and I think it's been greater than $7.5 only once (in July) during the ten months I've been tracking it. So from a historical basis, I would predict that INTC will move up from today's $75ish range to at least $77.5, and probably close to $80 by November 22 (expiration day). This has guided me successfully over the past ten months in selling puts and calls, with only one assignment occuring (in July). Good luck, Adam (My opinion only, and not Intel's)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next