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Technology Stocks : Intel Corporation (INTC)
INTC 36.15-0.6%Dec 24 12:59 PM EST

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To: Gary Kao who wrote (39596)11/13/1997 1:58:00 AM
From: Petz  Read Replies (2) of 186894
 
Gary, re: <Do you know WHEN those $90 strike price puts are exercisable?>

Thats the average strike price. They don't all expire at once and the strike prices probably range from $75 to $105. Plus, Intel received money when they sold these puts, so they won't start losing money big time on them until the stock price gets down to $65.

Petz
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