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Strategies & Market Trends : Option Trades

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To: zx who wrote (347)	1/7/1998 7:40:00 PM
From: helkel	Read Replies (2) of 2341

Intc eps due out next tues, the jan 80's (callss) are only about 1/4 and the 82.5 are 1/8 or so. if intc has strong numbers, it will no doubt zoom up close to those prices, which will give the calls values close to $1 depending on intc. very risky, but chance to roll the dice with a few bills, etc. also anyone have any feelings about buying puts on some of the drillers as they rally up today and probably tommorrow, i think they have further downside... thanks hk

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