Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 40.56

+10.2%

Nov 28 9:30 AM EST

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To: carl a. mehr who wrote (56031)	5/23/1998 2:53:00 PM
From: Joey Smith	Read Replies (2) of 186894

Humble Carl: re:I am not trying to be picky, but all puts are sold naked. The idea is that when you sell puts, you better be prepared to buy the shares or cover. I'm not sure about this, but here it goes: Technically, puts are sold naked if you are not short the equivalent security. If you are short 100 shares, and sell 1 put contract, it is not considered naked. I am thinking about selling calls on my Intel stock to gain some extra revenue in this "slow growth" period...looking for a $2-$3 premium, strike around $90..Any comments?? joey

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