INTEL-OPTIONS calls/puts Message Board

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Technology Stocks : INTEL-OPTIONS calls/puts

INTC 41.50

+5.0%

Oct 28 3:59 PM EDT

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To: balu vishwanath who wrote (5)	2/3/1998 4:00:00 AM
From: Ben Beale	of 19

Balu, I think you're probably right. What do you think about a stradle, if that's the right word, of deep outs, about $10 each way from today's high? Thinking of the Apr 75 Put and the Apr 95 Call, today's bid around a dollar per. (April 14th being the next earnings announcement.) 10 contracts of each would be about $2000 at risk. Your thoughts? r/s Ben

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