Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 50.59

+4.9%

Feb 6 9:30 AM EST

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To: Rafique Sheikh who wrote (4092)	10/13/1996 6:42:00 PM
From: Jeffrey Boggis	of 186894

Rafique, If you feel confident that intel will be at $130 by March, why not purchase the April 130 Intel Call Options? I am still holding my January 90 calls that I bought at $5 1/8 last month when Intel was at $83. The option is now at $18 3/8 and I have made good $$$. They is an exception to the rule and I have lost money on options just as easily as I have made money. When you buy options, you are gambling, but if you feel strong that a certain stock will be at a certain price during a certain time period then go for it. You don't need to be a mutual fund guru to uderstand how options work. Follow the stock that you like and get a feel for their price movement. You can also by LEAPS (long term options) on intel and other stocks at higher prices, but longer time frames. There are Intel January 1997, 1998, & I believe 1999 options for purchase on the market. Get a copy of investors business daily, wall street journal, barrons, or even the CBOE on the internet for option symbols and prices. Good "luck", Jeff in Little Rock.

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