Thu, Sep 18, 2014, 10:23 PM EDT - U.S. Markets closed


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

Intel Corporation Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • mikebert mikebert Mar 29, 1998 3:17 PM Flag

    mikebert-an idea for you

    I set my limit at 65 because that's what the model said. If it were to actually fall below 70 I might try to use TA to pick a price, if I was watching, but I wanted a limit order in because if it did fall to 65 and I wasn't paying close attention and missed it, I would be pissed :)

    I am not very familiar with options and I didn't understand your post. Could you explain it to me a little slower please? Think of me as "optionally-challenged" :)

    I am aware that one can do things with options that one can't with stock, and am always interested in learning more.

    I spend a lot of time on the INTC board, because this board is a good proxy discussion for the market as a whole.



    P.S. take a look at my webpage (see my profile) for a view on the overall market. If you do, send me an E-mail telling me what you think. Maybe we can get together at Damon's sometime :)

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • cause they got the tv. on to cnbc-damons got those games

      options are really easy. they are contracts- pure and simple-an call is an option to buy and a put is an option to sell.
      they have a time limit. an april expires in april-a july in july. some stocks go way out (they are called leaps). all option k's
      for us stocks expire on the third friday of the month. Thus they have a time limit and a set price (called the "strike" price).
      and just like you can go long or short of a stock you can go long or short of an option contract. Thus if you "short" a put -you
      actually are going long the underlying stock-you are giving someone the right to put the stock to you (sell it) at a set price -the
      strike-during the set month. For this right they pay a premium since it is their option to go ahead or not. but they pay you for that
      right. A january ('99) put closed at $13.00 per share on friday. So if you sell 10 (each contract is for 100 shares) you would be
      "buying" 1000 shares.-now since the buyer of the put is paying you 13,000. and he can sell you the stock at 80 (80,000.) -should he
      do that-he might do it if the stock in jan"99 is 76 pershare your purchase price is $67 per share (80-13). the limitation is
      that if the stock goes to 100 you still only make the 13 bucks.-on the other hand it must decline below 67 before you start
      losing. in the meantime you can short the stock itself to limit your loss-an advantage is that you only need collateral in your
      account. you can own and collect interest on us. treas. during the's a nice way to earn money as long as you want to own the
      stock at a set price.incidentally the opposite is also true. You can buy the stock and sell calls above the market e.g. 80's-or
      not own the stock and just sell put and calls at the same strike price-it's called a strangle. just imagine one paying you 13 to
      sell the stock and one paying you 13 to buy. if the stock never movesbeyond a limited price or trading range you pocket all the
      money-of course the reason intel options have a hefty premium is because the stock is volatile.i'll look at your profile later-and
      i'll let you know next time i'm hoping a flyer.

35.17+0.19(+0.54%)Sep 18 4:15 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Oracle Corporation
NYSEThu, Sep 18, 2014 4:04 PM EDT
Concur Technologies, Inc.
NasdaqGSThu, Sep 18, 2014 4:00 PM EDT
Rite Aid Corporation
NYSEThu, Sep 18, 2014 4:02 PM EDT