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

To: Elmer who wrote (168951)	8/2/2002 8:23:55 AM
From: Road Walker	Read Replies (2) \| Respond to of 186894

Elmer, re: It's easy John. Just go to an exchange, look at the trades and then claim they're yours. Anybody can do it. I would never accuse anyone of lying. But those '05 13's are so far out of the money, and the volatility premium is so high, they probably won't act as much of a hedge. That's the reason there is no open interest. Selling puts against those leaves a wide area where you can lose money on both sides of the trade. Probably the best tactic right now is calendar spreads, selling volatility. John