Intel Corporation
Long
Updated

Short Put - INTC

100
Cash flow play here.

Sold INTC $34 put for $.56, 1.46 return on capital over the next 25 days. I'll look to rinse and repeat until assigned and then sell calls again.

Breakeven is $34 - .56, or $33.44.
Trade closed: target reached
Covered this put @ $.21 db this morning, 63% of profit locked in.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.