The domestic trades are up but there is a periodic foreign exchange sell at below the BID. The AH trading is UP or DOWN depending upon which continent you want to follow.
17:24 $ 23.71 150
17:24 $ 23.71 450
17:11 $ 23.70 100
17:03 $ 23.6416 20,394
16:52 $ 23.70 400
16:34 $ 23.73 326
16:34 $ 23.73 100
16:34 $ 23.73 100
16:34 $ 23.73 1,800
16:34 $ 23.73 100
16:33 $ 23.73 200
16:33 $ 23.73 100
16:30 $ 23.73 200
16:30 $ 23.73 100
16:30 $ 23.6518 1,400
Read more: http://www.nasdaq.com/symbol/intc/after-hours#ixzz2lnH0yxC5
Nope. I don't know either other than what they post here.
Seems like Nenni is guilty of the exact same behavior.
WHEN the market corrects, 8-), Intel will tend to correct with it. The 4% yield at $22.50 will start attracting value investors (including likely more active INTC buy back since they have several $1b in the pot). In January, you will likely see some of the short interest leak away as the new tax year will offer 12 months delay on shorts paying their short term gains tax (if any).
Short interest through the middle of the month is released after close. The current increase will not be visible. I expect the short interest today to be down some.
I agree with all you say. The defect chart was especially interesting. The implication is that they expect a 14nm ramp similar to 22nm which is very encouraging.
The street wants to see top line revenue growth and it is tough to raise prices when your costs are dropping 30% per process node.
January earnings and the official 2014 forecast guidance will be interesting. I just Stacy had been more careful with his "flat, more or less" comment.
"sell puts on pessimism"
selling or writing puts is OPTIMISM and the expectation is that the stock price will go up and the put will go down and you close the put at a profit.
write calls when share price is over bought (not now).
write puts when the share price is over sold (more like now)
get high option level authorization so writing puts is not cash covered. It locks in too much cash.
IMO, it depends on your strategy. ie whether you want extra income or you want to dispose of your shares. What time frame.
assuming extra income ...
expiration .... I don't worry about holding until expiration. I worry about closing at a reasonable profit.
When the premium gets to pennies, I either close it (far out of the money) or roll it out/up for a credit (when they are in the money). I usually target 90 days to 6 months out .... sell 90 days out and then roll out 6 months ... note when the dividend is and monitor for premium. You can get your shares called early if zero premium.
strike .... write them when stock is overbought. Flat to down stock price is the most likely direction and allows you to keep shares. I normally sell pretty close to the share price.
quantity ... don't cover 100% of your shares. Keep a core uncovered and a trading part covered. If the stock goes down or up the impact is moderated.
CBOE and Option Clearing Corp and many more .... all have free webcast learning centers. Online tutorials. Khan Academy even has a "what are options" class online. 10 to 15 minutes. They are helpful.
I think that Intel is part of every index and therefore will generally flow with the tides of the market percent for percent. Within that framework of the overall market, I think the current drop is over done. With the large short interest and a dividend cushion, it has taken more and more shorts to drop INTC.
I did take some action on the 18th and again on Friday.
On 11/18, I bought to close 30 of the 100 put contracts that I had opened at a narrower than normal profit. I bought back the JAN $25 puts for 80 cents.
On Friday, I sold to open 20 FEB $24 for $1.14 which dropped the strike by $1 and it included $1 premium.
Selling the FEB $24 puts for $1.14 was like buying INTC for $24 - 1.14 = $22.86.
Intel is priced for the failure that it is unlikely to hit. Reversing that .... I do not expect all the news to be bad .... but that seems to be the pricing.
Intel has been the highest shorted stock measured by a couple of metrics for some time. No secret and that is something that I have pointed out since it started back in May. I thought that many shares might be a result of pension and insurance funds selling covered calls to increase income. I think the hedge funds are also playing some of the options and their risk is limited.
There is a growing number of 100+ option contracts in the $27 to $32 range and in the $24 to $25 range.
The "free range" price that Intel would be trading IF there was a more normal trading pattern feels like it would $25 to $28 but with Covello and GS pointing the hedge funds toward $16, it won't stop soon.
IMO, very little risk of a "short squeeze" because of the equity and option liquidity WITHOUT UNEXPECTED NEWS.
Since you perpetually predict that Intel will go down, you are "right" when Intel goes down and you are "wrong" when Intel goes up. On Apr 2, 2013, with Intel trading at $21.05, you "predicted" a $19 target price. That "prediction" was less "right".
If you you took some responsibility when you were wrong, used less disparaging language, were less insulting and included some analysis based on facts/data in your posts, you might be taken seriously. Your "predictions" are a just a "coin toss" with a two-headed coin that always points down.
itakebackmyapology • Apr 2, 2013 3:48 PM
You got your rally for Q2
Back to 19.
NYC pop up store opens .....
The Intel Experience Store Lets You Try Products for 24-Hours Free of Charge
by Jeff Weisbein November 25, 2013
Last Friday I was invited to visit the Intel Experience Store in New York City prior to it opening to the public on Saturday (November 23). The store which is located at 262 Mott Street, between E. Houston and Prince Streets in NYC is a place for Intel to showcase some of its technology, while giving back to the community. They have partnered with several local businesses in the area an in effort to promote and give back, for example, if you visit the Intel Experience Store in the morning, they will be serving coffee from the local coffee shop.
This Intel store isn’t necessarily about selling products, though I assume that is the ultimate endgame, but using the power behind the global Intel brand to give back. In addition to partnering with local businesses, Intel will be donating money to local schools if people bring in their old personal electronics (those electronics may be used by the way to create cool inventions like robots right at the store).
So what will you find at the Intel Experience Store? Well, you won’t find processors and motherboards, but rather, tablets and laptops that use Intel technology. You can play with the gadgets all you want and can even bring them home for 24-hours free of charge (credit card is required to be on file just in case you don’t come back). The store changes throughout the day too, different lighting and setups are put in place depending on the time of day. The stores will also be holding different activities, like game night, sports night, etc.
It’s a pretty neat store. They also have opened Intel Experience Stores in Chicago and Los Angeles. The pop-up stores will be open until the end of January. You can a watch a video I took (with Google Glass) at the store below to get a better feel for it.
Silly ... they could just write a check and pay off 100% of their debt.
Total Cash (mrq): 19.22B
Total Debt (mrq): 13.70B
AMD on the other hand ..... is burning cash and has 2x debt. AMD is the American Motors of semis
Total Cash (mrq): 1.06B
Total Debt (mrq): 2.25B
Only $59.99 if you all you need is 4gb of storage and 512mb of memory. Screen resolution is 800x480 ... The $75 one probably comes with a USB port. For $99, you can get an 8 inch one.
I am all excited. If I wanted a 7 inch 800x480 slow web browser.
•7.0" capacitive touchscreen, 800 x 480 resolution
•512MB DDR2 of system memory
•4GB of storage memory
•Google Android 4.1 (Jelly Bean) OS
•Webcam and WiFi
Mumbai, India, November 25, 2013 View All Press Releases
Gartner Says India PC Market Grew 7.9 Percent In The Third Quarter Of 2013
The combined desk-based and mobile PC market in India totalled nearly 3.2 million units in the third quarter of 2013, a 7.9 per cent increase over the third quarter of 2012, according to Gartner, Inc. The market was driven by some large government orders in an otherwise sombre economic atmosphere.
“Consumers accounted for 40 percent of total PC sales in the third quarter of 2013 compared to 47 percent in the third quarter of 2012,” said Vishal Tripathi, principal research analyst at Gartner. “This emphasises the fact that despite the festive season and availability of various end user schemes on PCs, the market was impacted by high inflation, global economic uncertainty and limited share of wallet as consumers preferred to spend on other consumer durables.”
White boxes (including parallel imports), which accounted for 40 percent of the overall desktop market, declined 26 percent in the third quarter of 2013 compared to the same period last year. Mobile PCs, with a 22 percent year on year increase, helped drive overall market growth.
HP became the No. 1 vendor in the India PC market by doubling its market share in the country, as it accounted for 32.5 percent of PC shipments in the third quarter of 2013 (see Table 1).
An interesting report.
...Another investment worth highlighting is Intel (INTC). Intel is the world's largest semiconductor company, and their microprocessors and chipsets dominate the PC industry with 85% share and the server industry with approximately 90% share. Intel has been one of the poster children for the death of the PC negative sentiment and the belief that as the world goes increasingly mobile that Intel's core PC market would bleed a slow death. In addition, the belief was or perhaps still is that Intel can only make performance-heavy chips while mobile products require power-efficient chips, and that therefore Intel's mobile ventures would fail.
This negative sentiment sounded like a potential opportunity to us. We did a lot of research and became comfortable with our thesis that Intel's market price at the time of our purchase was supported by the profitability of their core businesses, and that the company had various other growth opportunities that were not priced in and had a good chance of working out.
Now jumping into our thesis, currently only the PC client and data center segments make money, and their combined earnings per share is greater than $2. We see these two segments as Intel's core businesses. If you take out the excess cash that Intel holds on their balance sheet, at Intel's current share price you can back into a p/e multiple on the core business of approximately nine to 10 times. We believe the core business is worth more than that. We acknowledge the headwinds to the PC segment, but growing corporate PC profits, innovation in the laptop space and a server business that is growing double digits should lead to longer-term profitable growth in the core business.
"I continue to be impressed with your methodologies."
Very, very simple mechanism. Single series bullish trade where the option premium leaks INTO my pocket. The complex multiple leg ones I avoid.
"You should open a hedge fund."
No thanks. It does not sound like very much fun to me. I would have problems with the quarterly reports and how they would compare my numbers to the index ETF.
"without any history of success?" far from that my friend. "
Sorry, I disagree. Your "posting history" shows none of those trades that you suggest. You may well have actually made them but "ggrissom82" shows none of that history. Why did you change ID?
Right now, you are a person posting on an ID that only had started/replied to 1 thread when I posted. Now you have started 3 threads and they are all negative focused. If you are as successful as you say, then it makes no sense for you to hang around and write "dead money" threads about Intel.
I personally don't care if someone is short or long or no position. What I find distasteful is someone disparaging a stock without being honest about their motives.
Last Thursday, I took partial profits. I "bought to close" 30 JAN $25 contracts at 80 cents. I had sold them originally at ~$1.10 and rolled them out a couple times at 10 to 20 cents per month premium. That was 1/3 of my put WRITING position.
Friday after the drop, opened 20 FEB $24 PUT contracts at $1.14 which was near the high. If INTC gets down near $23, I will probably open up another 10 or 20 contracts.
I keep a premium minimum of 10 cents on them so I am guaranteed not to get assigned. I just roll them out. If you want to see how badly you get stuck if Intel was to drop down in price, look TODAY at the higher priced options and imagine you have positions in them. Example, if you take a position today and Intel drops to $20, you can see what the landscape would look like by checking the $23.50 + $3.50 = $26 strike options.
With option level 4 authorization, they reserve the $$$ to close the short PLUS margin as if the shares were assigned. 8-) I get to use account margin without paying interest. I would probably just acquire shares if I only had option level 0 (cash covered) authorization.
Will Intel need more cash than the $19billion that they have in the bank?
Intel is accumulating $2billion per quarter in EXCESS cash.
Why would they need more than they could write a check for?
"INTC needs cash for 2014, ."
"either huge shelf offering, "
"or dividend cut, "