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Technology Stocks : INTEL-OPTIONS calls/puts -- Ignore unavailable to you. Want to Upgrade?


To: balu vishwanath who wrote (5)1/22/1998 4:51:00 PM
From: Robert Floyd  Respond to of 19
 
Intel Upgraded

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To: balu vishwanath who wrote (5)2/3/1998 4:00:00 AM
From: Ben Beale  Respond to of 19
 
Balu,

I think you're probably right.

What do you think about a stradle, if that's the right word, of deep outs, about $10 each way from today's high? Thinking of the Apr 75 Put and the Apr 95 Call, today's bid around a dollar per. (April 14th being the next earnings announcement.)

10 contracts of each would be about $2000 at risk. Your thoughts?

r/s
Ben