I sold all my intel at 23.68 and bought csco at 22.97,now that was bad choice. As usual a lot of bickering on this board but about the passion of owning intel. Have a look at cisco board.It is a cesspool of political crapola,virtually no talk on cisco. Regret selling intel hope to get chance to return. I fell into the one problem of writing weekly options for that small return on a stagnant stock. If it shoots up say a dollar it is not worth rolling over to next week at same price. So I looked for another stock and cisco was choice.
Paul,not a very good post to bring up as cisco was 18.53 and intel 24.54 on oct 31 2011 so cisco was the better investment.sorry to ruin a good story with facts.
Sentiment: Strong Buy
I am an idiot for getting out of intel way too early but I still do not whine like you backboneless. Things never change.
This is the most dysfunctional polluted cesspool board i have seen. Do not get it. These people are idiots . HEY YAHOO why can you not put a stop to it. I do not even know where to voice this to yahoo. Anybody know how to do that. I have been a long time investor in intc and find that board informative although even there childish #$%$ is seen but always pertaining to stock talk.
Why has the cisco board been chosen to spew political hatred and garbage talk and not talk about the stock. Yahoo why do you allow this? There is a place for this talk just not here.
suggest anybody get and read the motley fool options special report(free) called The Ultimate Income Strategy. Talks about covered calls which I have been doing for years(love getting the income every week and buying more stock) and has other ideas which were new to me like synthetic longs and diagonal calls. Everybody here is to some degree frustrated with intels performance so this is one way to make money when stock is stagnant.
Falling in love with stock can be fatal mistake. I just let all my intel be taken away because i wrote the friday 23.5 and next friday premium did not offer enuf to warrant rolling over. So monday most likely going to buy csco and write the 23 for next friday. I still am fully on board with intel and its future but feel at top of recent trading range and for my sake hope it retreats and can get back on board.
If you are talking about the higher premium before earnings that is because some traders are willing to bid up price on puts and calls in anticipation of wild price swing with earnings release. I played that game getting .37 for this fridays 23.5 and once earnings came out and no violent price swing premium came back to normal. I have been playing this game for last few quarters. Been playing the weekly options and rolling forward with good results with flatline stock price. Been burned a couple times when stock jumps a dollar or so and have let stock go away on fridays but have always been able to pick up soon at cheaper price. Once though it cost me getting the dividend.
sad state of affairs . Best of luck. So many idiots out there. Hell sometimes I am an idiot for calling some people an idiot. Just called out the trading places guy and maybe he made a legit error. thank you for everything insight you brought to board and will still look forward to your insights on alpha
why post something 2 years old trying to make like todays news. shameful and you are an #$%$