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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Darth Trader who wrote (7634)	4/19/1998 11:39:00 PM
From: Judy	Respond to of 42787

Darth, I posted about selling naked puts (not calls) on quality stocks when one would not mind being put to, should the market/stock moves against one. INTC, much depends when you leg into the trade posted. But more to the point, I don't feel the same as you do about INTC. Downside risk is for INTC to be sub-100 in Jan so that you will be put the stock at a cost basis of 75ish (based on Friday's prems) and the calls would expire worthless. My outlook for INTC is given in my post to chris, I'm not motivated to buy far out of the money calls nor to sell far in the money puts any time real soon. And not to mention that I expect the market to correct between now and Jan. QNTM was another one you were bullish on before it's time. Fine for intraday/intraweek trading .. but that was about it if I recall.