% | $
Quotes you view appear here for quick access.

Intel Corporation Message Board

  • yourwishismine yourwishismine Nov 29, 2012 11:49 AM Flag

    Bought 100 shares at 19.67. Plan to sell a $20 DEC covered call for 35 cents

    No not a lot of money... but I think it'll pan out... just thinking I should have waited a 1/2 hour and got in at 19.60 instead, but oh well...

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • What are you going to do if INTC closes above 20 at Dec exp? You may end up having to pay up to 4 separate commissions for this strategy.

      Consider doing the Dec 18/20 call spread for a debit of 1.43
      Your effective cost per share would be 19.43, which is 0.23 below the current pps of 19.66
      You can do this as a spread trade. If you decide to do this, then do at least few of them to make it more cost effective.

      Sentiment: Buy

30.51+0.51(+1.70%)Oct 2 4:00 PMEDT