Intel Corp (INTC)

[ChipGeek]

Now that April options have started trading, I've got my finger on the AMD put trigger ready to pull. I don't want anything that expires before January, and the Jan08 options are overkill, so I'm glad to see the April options available.

IMO January is the key month, and the Q4 earnings results should fully reflect the rapid 6-month Conroe ramp (negatively, of course). I think there might still be some market momentum reflected in the Q3 results.

If the price doesn't get above $26 before Q4, I'll probably wait until after the earnings announcement, and see if I can get some July puts. But if there's another positive announcement of some kind that pushes the stock even higher, I'll probably go for it sooner rather than later...