Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 37.28

-0.6%

3:59 PM EST

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To: Judy who wrote (22481)	1/20/1999 10:57:00 PM
From: Jan Crawley	Read Replies (1) of 27012

I have over 5K shares of Intc and some of them are 5 years old. I did the following: 1. Wrote 10 Feb 130 puts for $6 premium last week. 2. Sold 1K shares at $143 today. 3. Wrote 10 Feb 145 calls for $5 1/2 today. I will be happy if Intc closes >$145 on Feb expiration date. Plan to hold the remaining shares long and trades via selling puts and calls on a monthly basis. I just "discover" that Intc can be a good trading stocks. Thanks Judy, for any comments. p.s. I sold the shares cuz Intc is my largest(by far) single holdings.

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