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.
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.