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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Paul Engel who wrote (87872)9/6/1999 4:42:00 PM
From: jmac  Respond to of 186894
 
Paul, i play INTC with Leaps all of the time. I would take a little money off the table during the next two weeks with Fed speeches to be highlights. If you want to hang on to an INTC position, now would be a good time to sell those deep in the money leaps and, perhaps, buy some Sept. 85 calls (not too much premium). They'll go up with the stock, and down with the stock (up tp 85 only) and if INTC revisits the low 80s, you've saved yourself some money. Or, perhaps, look at selling the Sep 90s for 2 points.

Just some thoughts.



To: Paul Engel who wrote (87872)9/6/1999 7:37:00 PM
From: d[-_-]b  Read Replies (1) | Respond to of 186894
 
Paul,

re: You can always buy a leap/call at a higher strike price for a lower price, keeping
most of your profits while maintaining an interest in Intel's potentially increasing
stock price.


At least Intel's stock price is always potentially increasing, instead of increasing in potential. ;-)