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


To: Elmer who wrote (126685)2/5/2001 9:19:26 PM
From: Hightechhooper  Read Replies (1) | Respond to of 186894
 
Elmer,

I sold the feb 37.5's. I will buy them back for 1/16th during expiration week and then wait until the Intel Developers Conference to write March. I will likely write 35's since earnings worries will outweigh fed easings at that time. I will buy them back no later than 1 week before the March fed meeting and then write April's right after the fed announcement, buying them back the first week in April.

If only it were as easy as all this sounds!!!

later,



To: Elmer who wrote (126685)2/5/2001 9:52:37 PM
From: THE WATSONYOUTH  Respond to of 186894
 
Currently I am short INTC CCs Feb $40s & $42.5s.

I sold INTC Feb $40 CCs on about 1/3 of my position.

THE WATSONYOUTH