I don't know if I know how to play INTC when it's going up anymore. 😉

We have lots of INTC already in our PSW Member Portfolios but now that they are done feeling sorry for themselves, as a new trade:

• • Sell 10 INTC 2027 $22 puts for $3.85 ($3,850)
  • Buy 25 INTC 2027 $20 calls for $8.10 ($20,250)
  • Sell 20 INTC 2027 $32 calls for $4.40 ($8,800)
  • Sell 7 INTC April $25 calls for $2.10 ($1,470)

That's net $6,130 on the $30,000 spread that's $10,825 in the money to start so there's $23,870 (389%) of upside potential PLUS you have 7 quarters to sell $1,470 ($10,290) for another 167% potential and you can add to that with put sales - if it ever takes a dip.

If they are just going to let you print money - do it!

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