Sold 2 blocks of IMCL at 35.60 and bought back 200 July 35 calls for .70/contract. Originally, I had bought the shares at 38.40 and wrote the calls at 4.80. So, a gain of 1.30/shares times 20000 shares
Bought back 150 EBAY's July 25.00 calls at .05 and wrote the 150 August 25 calls for .95 Bought back 200 July 27.50 calls at .05 and wrote 200 August calls for .30/contract.
Here are events that materialized during the 2nd quarter of 2006 for Intel: 1. Intel opened its third 65nm, 300mm wafer fab during the quarter. The companyâs advanced technology is sustaining record high yields and is on track to enable a shipment crossover to 65nm processors during the third quarter. 2. The company began a major transition to the energy-efficient Intel Core microarchitecture, the most significant design improvement since the architecture of the Pentium® 4 processor was introduced in 2000. For dual-processor servers, the company launched the Intel® Xeon® 5100 family, setting a broad range of new world records in X86 server performance and performance-per-watt. The Intel® Core⢠2 Duo processor for desktop PCs began shipping during the quarter ahead of its formal launch July 27 and has already set performance records across dozens of industry-standard PC performance tests. The mobile PC version of the Intel Core 2 Duo processor is also shipping now, one month ahead of schedule. 3. For large enterprise servers, Intel launched the Dual-Core Intel® Itanium® 2 processor, bringing as much as twice the performance of earlier models while using 20 percent less power. The company announced that its next-generation Intel Xeon processor for multiprocessor (MP) servers is shipping now, approximately two quarters ahead of schedule. Intel also notified customers that its first quad-core microprocessors for server and desktop systems are ahead of schedule, with shipments expected in the fourth quarter of this year rather than the first half of 2007. 4. Intel ramped production of new chipsets on its 90nm, 300mm technology. The company launched the Intel® 965 Express chipset, formerly code-named Broadwater, which supports advanced manageability, power management and memory control features. One version of the chipset family will offer programmable fourth-generation integrated graphics. 5. Under an ongoing program to improve operational efficiency and results, the company announced the planned sale of its communications and application processor business to Marvell Technology Group. The company also eliminated approximately 1,000 management positions within the company.
Bought 5 blocks of AMD at 17.38 and wrote 500 August 1.50 calls for 1.05/contract. The stock very cheap now, much cheaper than intc fundamentally...and the selling is way overdone.