Trade Results - INTC
Trade Results - Intel Corp (INTC) Hello Smart Option Sellers! Great job on Friday's new put-sell play on Intel. We were able to get in at decent prices as the stock stayed subdued for most of the session. Here's what we did: Sold (sold-to-open) the INTC January 18, 2019 $35 put options for an official sale price of $.28 per contract as an opening transaction (sold-to-open). A majority of the trades went across the tape at $.28 per contract with some of you getting in a little higher and some a little lower. I hope none of you sold at $.24 per contract. That was a no-no! Let's see what happens over the next few weeks for Intel. It's my belief, as with most quality stocks, a big drop like this will find a bottom quickly and resume its uptrend. I've seen this scenario play out over and over again. If you did not place your trade yet, make sure to do so "GTC" at $.25 per contract or higher. That's all for now. I'll be on the road for a bit early in this week but will send any updates as needed. Continue to hold all other positions as-is. Contact me here Regards,
Lee Let's Grab That Cash!