Intel Options - Nov 10

Another solid earnings report for q3. Business case still seems intact.

On 10/13/10 sold 101120 $20 P for $.86

Best Case - Stock rallies over $20 yielding 4% in 5 weeks or approx 40% annualized.

Realistic Case - Stock drifts towards $20 and an opportunity to close this position at a modest, short term profit will present itself.

Worst Case - Aquire 5th position at about $19.15 still well under the $20 aquisition target price.