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Technology Stocks : Intel Corporation (INTC)
INTC 36.78+2.7%Nov 26 3:59 PM EST

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To: Dom B. who wrote (53733)4/17/1998 1:00:00 AM
From: Jan Crawley  Read Replies (1) of 186894
 
Sonki on the other thread posted a while back that the ave. strike price is 80, for options due in May thru Aug. Perhaps it's a coincidence!!! that Karnak opened his mouth and CNBC propagated his words when INTC started to trade at 80-1/16, from which point the MMs like Merril, Goldie and Solie who bought much of those puts will start to lose serious money.

Thanks. Guess I should tell myself "welcome to the big leagues".

Jan
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