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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: Raymond Thomas who wrote ()12/15/1996 12:36:00 AM
From: jmac   of 186894
 
here is a good buy write.

buy 1000 intcw @ 93. sell 10 intel jan 135 calls @ 7.5.

Intel closes above 135 on third Friday of Jan '97, you net 7.5 plus 2.5 points on the stock for a net fo $10,000.

if you don't margin the intcw, your rate of return for 5 weeks is 10.7%.
if you margin the intcw 50%, your rate of of return is $10,000 on $46,500 for 21.5% in 5 weeks. AND, it's a conservative trade!
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