INTEL-OPTIONS calls/puts Message Board

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Technology Stocks : INTEL-OPTIONS calls/puts

INTC 41.53

+5.0%

9:30 AM EDT

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To: balu vishwanath who wrote ()	2/6/1998 7:07:00 PM
From: Thomas Scharf	Read Replies (2) of 19

I'm new to options & ran across a strange anomaly in INTC calls today. Perhaps someone could explain it. I hold some Jan 00 $85 leaps. Today, INTC closed up 1 3/64 at 87 35/64 and my leaps closed down 1/4 even tho they are in-the-money. Given the nearly 2 years to expiration, it seems odd to me that the option and the stock should move in opposite directions. Is this a common occurrance? Thnx in advance for any help, Thomas

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