Obviously earnings from Intel (INTC) disappointed investors. The stock has lost about a third of its value and looks set to perhaps move still lower next week. Eventually though I think investors will return to the stock but that could be months away. This trade takes advantage of what is bound to be a dismal outlook for the stock’s value for the next several months.
The Intel Stock (INTC) trade alert provides the details and further comments on handling this trade.
This trade alert is for FullyInformed Members.
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing can be risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Nothing you read are recommendations. FullyInformed.com is for educational and entertainment purposes only. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. Some positions in mentioned stocks may already be held or are being adjusted. Read the full disclaimer.
