Seeking Alpha
  • Michael Blair
    $INTC Adding to January 2015 Intel calls at $25 strike for $2.30. Expect to see $40 by expiry
    6/20/13
    Reply (7)
    • Ashraf Eassa: Good call. I'll be joining you on that trade.
      6/20/13
    • Ashraf Eassa: Bought @ $2.23
      6/20/13
    • Sam Liu: I wished I had the guts!
      6/20/13
    • 6M: I'm curious why you chose a $25 strike if you expect $40. Wouldn't the return on the $30 strikes be higher?
      6/20/13
    • Michael Blair: Yes the return in % would be higher, as would the risk if $30 does not happen. Markets can go both ways. I like the risk at $25 strike.
      6/20/13
    • 6M: Thanks. Makes sense.
      6/20/13
    • 6M: OK, I'm in too. The risk on this one seems very low. Jan'15 $25 call for $2.22.
      6/20/13