Seeking Alpha
  • Ocean Man
    Might get some $INTC at about $18.05, a nickel above where it joins the 5% yield club and finds support.
    11/20/12
    Reply (9)
    • shaker33: You might want to have a stop at $18.03 on that purchase, just ask WestCoast/ Trader 14.
      11/20/12
    • wigit5: Did you sell options on it OM?
      11/20/12
    • neobliviscar: As I asked elsewhere: INTC: By the numbers, looks a BUY, but-> ugly graph. When is it a BUY, if ever? <the yield club is a good name for it>
      11/20/12
    • segenault: I heard from a good source that production at Intel was pretty slow. You should probably place your stop at 18.04! just ask wci!!
      11/20/12
    • HackFab: History is a biotch. I remember when AMD came on the scene and all the talking heads were ready to bury INTC.
      11/20/12
    • Ocean Man: I like that idea wigit. The Feb $18 puts are $0.50, that'd get you 50 bucks per or in at $17.50. Even safer than a tight stop!
      11/20/12
    • Albert Alfonso: I sure hope $INTC does not reach the 5% yield club.
      11/20/12
    • neobliviscar: Honestly, so do I. I cut my teeth creating the arbitraging INTC & INTCW. Haven't traded it in years, but I'm almost sentimental about INTC.
      11/20/12
    • wigit5: Yeah if I could figure out how to options trade I would go in on those Feb puts @ .50, I'm just not that comfortable with it yet.
      11/21/12