Tuesday, April 29, 2008

INTC hedge update




My INTC covered call writing see earlier post is going well so far. As long as stock price stays above 18.90 I will be making more money than I would have. If stock price stays above 22.50 till January, I am in danger of the exercise and the shares being taken away. If the stock price drops below 22.50, the shares still stay with me and I get the premium which is 1.83 per share.

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