$Intel(INTC)$

I spoke to my broker at Morgan Stanley today about selling covered calls on INTC.

He recommended against it because he thought that the stock was so cheap that restricting the upside by selling covered calls would not be smart. Who knows if he is right, but he is a pretty sharp guy. I have not yet made up my mind on this matter.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet