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Jack Haddad
  • Intel's May calls jucier than I thought! 0 comments
    Apr 15, 2009 10:10 PM

    Surprisingly, I was pleased that the INTC's premium on MAY strike 15, 14, and 13 was far rewarding than i thought for option writers.  If you bought at the daily price average of 15.35/share, you would have been able to write strike 15 calls for .95/contract.  Heck, you could have recieved .20/contract in intrinsic time value on "deep in the money calls" such as strike 13!  For every 1000 shares, youre guaranteed 200 bucks while still having well over 2.00/share downside protection.  What are the chances that INTC will test 13/share given the lack of instability in the market for the past 6 weeks?  INTC is a buy!

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