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Technology Stocks : Intel Corporation (INTC)
INTC 49.25+0.9%Feb 3 3:59 PM EST
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To: Robert Hecht who wrote (7010)1/1/1997 1:21:00 PM
From: jmac   of 186894
 
If i get the opportunity to do so on thuirsday, i will be adding some intc calls (not spreads). i will put a very tight stop on those calls should intc break-down and go below 128 1/2. i see this as a very low risk trade if i keep my word to myself about the stops. i am looking at the 130 or 135 calls. right now, i don't see much point to selling the 145s. they bring in under 1 1/2 points and probably won't go much lower than that even if the stock retreats to 128 1/2. any thoughts?
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