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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: jmac who wrote (9494)1/29/1997 10:20:00 AM
From: Riskmgmt   of 186894
 
jmac,

You make a lot of sense. I checked the premiums and today I was offered 2 1/8 for the FEB $160 and $4 for the FEB $155. Counting 18 trading days - it seems a good bet.

So did I do it? Well...... just lets say that, for once, I DON'T want INTC to go up! Least not till after FEB 22. :)

Which just goes to prove the value of this thread to argue and look at other ideas.

Regards

Ray

P.S. I have a lot of resect for Jack Raines but those LEAP puts on INTC are Very expensive.
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