That should bode well for my April $42 puts.
Picked them up at around the $42 mark.
Looks like tomorrow I'm already profitable with just the intrinsic value.
And we still have 3 months left for this thing to drop to low $30's, which is my price target goal before I consider selling. Wish I bought more puts.
let's see, all the competition uses ARMH too, so I don't see a 10 percent drop. Actually the tougher market is going to be a real drag on future Intel earnings esp. after they spend all that money on superior fabrication. Oh well see Intc at 18 and lower.