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


To: deibutfeif who wrote (133363)4/25/2001 3:39:21 PM
From: Elmer  Respond to of 186894
 
Elmer, RATS! I wanted to cover my May 30 short calls at .85 today, but it didn't quite make it. Did you do anything with yours?

No. I want mine to expire worthless. I'll wait till closer to expiration and roll them if necessary. I have not yet seen a point where I could roll them to the next higher strike price with even money although money could be made rolling them to June $30s. I don't see compelling reason for Inter's share price to climb in the short term. I think we're stuck in this range for quite a while. I am still buying here. I'm also buying QQQs, ORCL and even some AMD. Writing CCs against all of them. Wrote some puts on ERICY too, but not a lot.

EP