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Windsock

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Windsock

Re: chipdesigner post# 27253

Tuesday, 04/25/2006 9:05:51 PM

Tuesday, April 25, 2006 9:05:51 PM

Post# of 151805
I suppose you think the price of any shares you hold is irrelevant until you sell them

The subject is options not stock. Stock shares are an investment. Options are a betting slip that the stock will rise in the future where the game does not end until the expiration date.

In this case, the bet is that Intel will rise in Q4, maybe in Q3, before the expiration in Jan 2007.

Hint: check the option price not the share price if you want to see the value of the betting slip.

What an Illiterate Idiot.
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