2nd Trade Update Sept 7th, 2012 at 9:35pm: INTC finally pre-announced a weaker than expected Q3 this morning citing weak PC demand. Whats remarkable to me that in a market that appears to discount most …
Continue readingPotential Negative Catalysts
Trade Update Sept 4th, 2012 at 1:53pm: In a little over a month INTC has sold off about 6.5% since initiating the Sept Put Fly detailed below, and down about 10.5% since DELL and HPQ reported …
Continue readingBack on July 3rd, when INTC was ~$26.80, I bought a tight $1 wide Put Spread to express a near term bearish view as the company approached their Q2 earnings event. The stock sold off …
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