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Technology Stocks : Intel Corporation (INTC)
INTC 38.33+3.5%Nov 5 3:59 PM EST

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To: Paul Engel who wrote (64953)9/16/1998 11:19:00 PM
From: John O'Neill  Read Replies (1) of 186894
 
I have a load of INTC puts (open interest on the Jan 2000 $75 is
about 7,251, but what difference does that make. I could have 2 puts on INTC and just a small long position, what the difference when one is hedging, as long as it's proportional. Do you have a large long position in INTC? Is it hedged by anything short??

JO
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