Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.20

+0.1%

Dec 26 9:30 AM EST

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To: Night Writer who wrote (39088)	11/5/1997 11:46:00 PM
From: Joe NYC	Read Replies (1) of 186894

NW, Sold Jan 99 LEAP 85 puts against INTC stock I own. Used proceeds to decrease cost of stock. Will sell stock to cover LEAPS it does not appreciate before end of 98. You mean you increased your exposure on the downside for a small compensation? Why not sell strike closer to market, so that you get to at collect more premium for the risk you are exposing yourself to? Like Jan 75 put. Joe

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