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Technology Stocks : Intel Corporation (INTC)
INTC 40.51+0.4%3:59 PM EST

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To: Ben Antanaitis who wrote (65686)10/1/1998 7:17:00 PM
From: Sundar Rajan  Read Replies (1) of 186894
 
Ben

It is very difficult to apply Max-Pain during a earnings month in my opinion. Even assuming INTC might close around 80$ on options expiry day, I can't imagine INTC not having a pre-earnings run-up between now and mid-october when it reports earnings, especially since (1)they have already said they will beat the street, (2) fund maangers are running out of quality stocks without earnings hiccups.

Look at INTC's behaviour last qtr (july). I bought some Oct 90 calls today, wish I had bout Nov 90's as well.
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