Replies to post #33937 on Intel Corp (INTC)

[Elmer Phud]

I wouldn't put much hope in it Gordon. He's had every opportunity and hasn't joined. I think things are a little too restrained for him anyway. The monitors would get to him before long.

[wbmw]

I just sold my INTC Jan $25 option calls for $0.30, doubling my money. I am happy about the runup, but I am concerned that most earnings releases for INTC typically end with some declines in stock price. I have to balance this with the intrinsic value of the option declining the closer we get to Jan. I am happy about doubling my money, and if I miss some opportunity, that's ok, because I still own plenty of stock.

Now, if I can only see some downward movement in AMD stock, the Jan $25 puts that I bought should see some profitability (they were profitable until recently). Somehow, this is looking less likely, but there's always hope that investors don't like their forward guidance as much as they do now.