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Had to Sell Something, So I Sold Intel (INTC) E-mail
Written by David Neubert   
Thursday, 24 May 2007

I've been trying to sell at least something every day this week. Yesterday towards the close, I sold 1/7 (or 1/3 of my outright) of my Intel (INTC - $22.67) at $22.71. This was part of my Intel position that was not locked up in the Intel value option cocktail I put on March 21st.

Disclosure: I still have on that Intel position from March 21st. I still also have an outright Intel position. I plan to hold the INTC option position to expiration. I may sell more Intel at above $22.

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David Neubert
About the author:
David Neubert ran the largest trading desk in the world.
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Last Updated ( Sunday, 27 May 2007 )
 
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