I sold naked put for INTC for March at $2.4. When I go long INTC at these levels , I am not expecting $10 profit in a week. As someone said $19 to $25 is a safe range and If my nake PUTs expire worthless, I would be happy and if they are assigned, I will be happy to be long on INTC. If I am long INTC, I can still sleep while it goes down 20 cents a day but I would have nightmare in being long GOOG at $450. By the way, I don't see that much down room for GOOG in short term anymore. It will bounce back at least for a short term.
I waz referring to one of Buffet's investments choices and intc example now..he bought ko at lows and made sustantial gains
The problem is that nobody can tell you where the low is! If Buffet bought KO at lows in the past I would say that he was very, very lucky in doing so!
Goog I am OK Long Intc....sort of OK Long but ...would rather short a put option (strike 16) KO...totally disagree with long Seems Like a short stock for 2 year + OK to short from 49 and Keep till 32
Goog Next five days I am gona try these levels for next 5 days... More towards the Longing outlook GL 403.0318152 323.379956 412.8981967 314.1198906 422.8850348 306.0202333 430.7991121 299.5634071 438.7492244 294.5315313 and these for the dow...More shorting Outlook 11210.01861 10601.60584 11249.3104 10537.04171 11268.1466 10493.14007 11269.51649 10452.71782 11267.36369 10431.97132
Try this for today ...Level=Entry @ Odds=Odd that the entry will work to ur favour Days to expire= At Least Trade days to expiry Strike=...oh well if U don't know this then...read no further Puts Level Odds Days to expiry Strike 376.83 75.00% 17.06 380.84 382.85 88.89% 8.19 388.86 388.86 93.75% 4.72 396.88 394.87 96.00% 3.06 404.90 400.89 97.22% 2.14 412.91 406.90 97.96% 1.58 420.93 412.91 98.44% 1.21 428.95 418.93 98.77% 0.96 436.97 424.94 99.00% 0.78 444.99 Calls Level Odds Days to expiry Strike 340.67 75.00% 17.06 344.68 334.30 88.89% 8.19 340.32 327.94 93.75% 4.72 335.95 321.57 96.00% 3.06 331.59 315.21 97.22% 2.14 327.23 308.84 97.96% 1.58 322.87 302.48 98.44% 1.21 318.51 296.11 98.77% 0.96 314.15 289.75 99.00% 0.78 309.79
My gut feeling says that GOOG is a buy now. INTC is a buy too. But definitely GOOG might be more profitable in short term. Now it is about $345
I see GOOG is bottoming and I believe it is a good short time buy. 350 Feb calls are pretty cheap now. My strategy: 1- Either buy the stock at this level or Buy Call 350 for Feb and sell Call 360 Feb.