Intel Corporation (INTC) Message Board

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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: kas1 who wrote (6925)	12/28/1996 6:43:00 PM
From: jmac	of 186894

jan 150s closed at 1 5/8 - 1 7/8 on friday. jan 145s closed at 2 7/8 - 3 on friday jan 140s closed at 4 3/8- 4 5/8 on friday. jan 135s closed at 6 1/2- 6 7/8 on friday jan 130s closed at 9 3/8- 9 3/4 on friday for those very bullish on intc, the 130/145 spread can be purchased at roughly 6 1/2 (which is intc=136 1/2). you pay a small premium (1 1/8) But, if intc comes out with good to great news, 145 is an easy target an you make $15,000 on a $6500 investment. TO ALL: any thoughts? TO JACK: I am long sveral thousands shares of intc at a price of approx. 65 or so. with so much news cooming out oer the next three weeks, the above strategy allows one to capture upside while limiting downside at a cost of 1 1/8, what do you think of the idea of selling the intc on Jan 2 and buying the above call spread (assuming it is still available for a similar premium)?

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