Summertrades
05-13
$INTC 20260515 124.0 PUT$ $INTC 20260515 124.0 PUT$ Brutal session last night. 🫠 But I've seen enough harsh corrections to know it's temporary for the stocks I hold. 

Though it sucked to not have more funds to buy dips, I did take the opportunity to close out a covered 131.0 CALL (which had capped my gains), selling a new 124.0 PUT strike (which is a risk but) I am very certain Intel will re-hit by tonight, if not by this week.

.... Also had to tell myself not to be a 🐈 and go for the 124.0 PUT instead of a "safer" 122.0 PUT (???), since there's no logical justification to pick that if I am already so sure of the projected rebound o/


This is, if nothing drives the market haywire with the Xi China talks o_O

INTC PUT
05-12 23:53
US20260515 124.0
SidePrice | FilledRealized P&L
Sell
Open
8.75
1Lot(s)
--
Closed
Intel
Modified in.05-13 12:07
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Comments

  • bingoo
    05-13 10:32
    bingoo
    Intel bulls really have to pick the less safe strike huh lol. I’m still holding too, but that 124 put jump feels spicy. You think this week is enough?
    • Summertrades:Ā 
      Well strictly speaking... Intel did easily rebound 125 šŸ˜‚... pre market. 124.0 is alr considerably safe with a stock headed toward 130$. Options are about risk management, not risk elimination. Those afraid of opportunity vs risk decisions, I strongly recommend fixed deposit.
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