Intel stock earnings came out after the close on Wednesday and they blew past estimates. Intel is benefiting greatly from cloud computing services by the likes of Amazon, Microsoft, Salesforce and others. After hours the stock closed up 1.72% at $30.20 on over 10 million shares traded.
This will boost the call side of my strangle but not the put side. This means tomorrow my strangle will need to be adjusted. This article shows how I will be adjusting my strangle position on Thursday to add more profits to this trade due to the upbeat earnings news today after the close.
This article for USA members looks at the handling of a strangle trade position the day after earnings have been announced in Intel Stock. The goal is to add to the profits already made.
Intel Stock – Handling A Strangle On The Day After Earnings – July 16 2015
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Internal Intel Stock Links
Members Only Articles On Intel Stock
Review 2013 Intel Stock Trades
Review 2012 Intel Stock Trades
Review 2011 Intel Stock Trades
Review 2010 Intel Stock Trades
All Intel Stock Posts With Excerpts