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Intel Corporation Message Board

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  • yourwishismine yourwishismine Oct 22, 2012 4:16 PM Flag

    Looks like it's going to be a roller coaster today...

    Well, I was pretty close...

    Sentiment: Strong Buy

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    • Your range is what I would have predicted too.

      The the NOV option trading for the dividend started today.
      23,000 NOV $22 call options
      11,000 DEC $21 put options
      9,700 JAN $25 put options.

      The option orders clamp the trading into a narrow price range. It reminds me of bowling with the kids and having bumpers in the gutters to channel the ball into the pins.

      When the Intel price goes up, option values change and it triggers the option market maker to take action.
      When hte Intel price goes down, option values trigger the option buy/sells.

      Intel will go down when they buy puts or sell calls when Intel is UP.
      Intel willl go up when they sell puts or buy calls when Intel is DOWN.

 
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