Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 47.76

+1.3%

10:17 AM EST

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To: up3up4 who wrote (9078)	1/22/1997 10:58:00 PM
From: jmac	of 186894

Please look at some of my earlier posts of tonight on this topic. You are not alone. However, I wouldn't fret. The premium has been sucked out and now the options should start to move more normally. If INTC goes up from here, you'll do just fine. Feb is a five week trading month and INTC, in my opinion, has a great shot of breakig 160 soon. Just don't hang on to those options until the last week. Sell when premium is being pumped back in because the stock is moving to theupside fast. Buy, when everyone thinks INTC is going to consolidate or go down because the premium is low. And, generally, never buy options so far out of the money that you need a 15-20 point move in the stock in short period of time (4-5 weeks). You may get the 15 point move, but it won't put those options in the money. Keep in mind, I am just a trader with one opinion. I haven't always been right.

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