DiviMo's Blog : Intel (INTC) is a nice trade

Using the Rob The Markets Blind strategy, our trade today is as follows.

With INTC down a little this morning and the VIX up some, it is a  good time to write the put option as the premium jumped...

Write naked puts on INTC..    INTC FEB18 23... pays $30.00 pemium per contract, strike is 23, INTC is at 25.24 as of now. Option expires in 43 days, yield is a nice 11.07%.

INTC is expected to come out with the hottest awaited product in next week's major Comsumer Electronics Show (CES). It is the INTC ULTRABOOK. Ultrabooks are defined by Intel as being notebooks that are very thin, have long battery life, sport elegant design, boot up quickly, and cost less than $1,000.  Oh, and run on Intel Core processors.Intel, already working with Google on tablets, may get some further help in that department from Windows 8, once the new OS hits the market later this year.  Intel will also be showing an x86-based smartphone at CES. One of the key trends will be the arrival of a new generation of super-thin ultrabooks based on Intel‘s Ivy Bridge family of microprocessors. Orji notes that the buzz on the new ultrabooks has been positive, with generally upbeat reviews