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


To: Dale J. who wrote (64681)9/13/1998 11:59:00 PM
From: John O'Neill  Read Replies (1) | Respond to of 186894
 
I had puts earlier when INTC was in the 84-88 range before the 500 pt decline..I closed out all of those positions..these were short term options. The leaps I have I bought recently when INTC closed at
81 51/64. The asking price was 8 5/8 for the Jan 2000 $75's.

The asking price closed at 8 3/8, down only 1/4, on Friday despite INTC's gain to $85 15/16. Put premiums are really increasing now....