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Re: UpNDown post# 62932

Wednesday, 09/28/2005 5:04:43 PM

Wednesday, September 28, 2005 5:04:43 PM

Post# of 97586

I don't think Intel will go to $37 either, but I would certainly take the 1000 to one odds. I'd then sell some Intel calls with strike prices of close to $37, for more then enough to cover the "one". No way I can lose other then you not paying off the bet (in which case I could lose my shirt if Intel goes over $40) or Intel zooming so high that selling those calls is 1000 to one loser.

Yes, I know I'm taking you entirely too literally. I do that sometimes...

Tim
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