Intel Appears to be a good long term play

[jlhooter]

It’s do or die for Intel currently, if Intel holds steadily at this level on the weekly charts then it’s good long term hold based on the monthly charts

Even though, tech wise they’re behind nvidia/AMD and management is lackluster, all it takes is one announcement or change within the company to fire on all cylinders.

Despite cutting some losses on this stock for myself, I still look extensively on it since despite all the turmoil and struggle it’s still holding steadily.

Certain stocks, i apply the sit/wait/pounce strategy once I sense a change in the right direction in sentiment, management and indicators

Astute what do you think of an Iron Condor on INTC? Probably not worth the time but would like your thoughts why or why not.

[AstuteShift]

It’s do or die for Intel currently, if Intel holds steadily at this level on the weekly charts then it’s good long term hold based on the monthly charts

Even though, tech wise they’re behind nvidia/AMD and management is lackluster, all it takes is one announcement or change within the company to fire on all cylinders.

Despite cutting some losses on this stock for myself, I still look extensively on it since despite all the turmoil and struggle it’s still holding steadily.

Certain stocks, i apply the sit/wait/pounce strategy once I sense a change in the right direction in sentiment, management and indicators

Astute what do you think of an Iron Condor on INTC? Probably not worth the time but would like your thoughts why or why not.

the IV on the stock is low so you wont collect enough premium to make it worth while even though the stock does not make large moves that often which is beneficial for the strategy itself but IV comes first.

Without a big IV, then the premiums are small to collect. Remember iron condors are heavy on option commission costs.

Personally i rarely do iron condors due to that reason, also this is not a stable market. Id rather sell put spreads if bullish or sell call spreads if bearish on a particular stock or index of my liking.

Most so called option gurus try to make option trading more complicated than it is really. However if you know the direction of a stock or index then you can cater to your strategy based on that direction.

There is also a strategy of reverse iron condor, where you want explosive moves on either side but the upside to the move will be limited by commish and time decay despite having selling legs on either side.

[jlhooter]

Astute your comments were extremely helpful. You taught me to investigate and learn more about IV and one of the reasons I was saying if it was worth while or not was because premiums are low and combined with fees I get it.

Love your confirmation around spreads since I am starting to grasp those too. They seem like very good plays but you still need a crystal ball to play them but at least the down side (and up side) are limited.

I am in the camp of low complexity plays too. I am interested in learning all the different option types but very quickly trying to weed many out based on complexity.

I am going very slow and could care less about FOMO.

[AstuteShift]

Astute your comments were extremely helpful. You taught me to investigate and learn more about IV and one of the reasons I was saying if it was worth while or not was because premiums are low and combined with fees I get it.

Love your confirmation around spreads since I am starting to grasp those too. They seem like very good plays but you still need a crystal ball to play them but at least the down side (and up side) are limited.

I am in the camp of low complexity plays too. I am interested in learning all the different option types but very quickly trying to weed many out based on complexity.

I am going very slow and could care less about FOMO.

Low complex plays, high probability outcomes and less trading is the way to go imho.

Sometimes it’s easier to just focus on the indexes like SPX, since you don’t worry about assignments or earnings, however make sure you have a good plan when the trade goes against you

I have certain parameters such as, for example, if trade goes to 50 percent loss then it’s automatic sell on the indexes. To counter the greed factor I only use 10 percent of my portfolio for options. No exception. I aim for 100 percent gains.

Overall it’s been a great strategy selling put spreads on bottom end of ranges on indexes. Since we in a bull market in a longer term cycle, bearish call spreads I do few and far in between.

2022 was a great year for bear call spreads. 2023 so far has been fantastic

[jlhooter]

Astute your comments were extremely helpful. You taught me to investigate and learn more about IV and one of the reasons I was saying if it was worth while or not was because premiums are low and combined with fees I get it.

Love your confirmation around spreads since I am starting to grasp those too. They seem like very good plays but you still need a crystal ball to play them but at least the down side (and up side) are limited.

I am in the camp of low complexity plays too. I am interested in learning all the different option types but very quickly trying to weed many out based on complexity.

I am going very slow and could care less about FOMO.

Low complex plays, high probability outcomes and less trading is the way to go imho.

Sometimes it’s easier to just focus on the indexes like SPX, since you don’t worry about assignments or earnings, however make sure you have a good plan when the trade goes against you

I have certain parameters such as, for example, if trade goes to 50 percent loss then it’s automatic sell on the indexes. To counter the greed factor I only use 10 percent of my portfolio for options. No exception. I aim for 100 percent gains.

Overall it’s been a great strategy selling put spreads on bottom end of ranges on indexes. Since we in a bull market in a longer term cycle, bearish call spreads I do few and far in between.

2022 was a great year for bear call spreads. 2023 so far has been fantastic

Everything you just said is perfect including stopping at 50% loss (no exceptions) and setting at 100% gain-target, which I have been considering as well.

I also like the index plays to aid in assignment-prevention.

Lastly, I have a fixed amount (I already set it to 10% overall) based on Sol's comments and readings, and now reenforced by your comment.

I was also reading a decent book (Mean Reversion Trading by Nishant Pant) where you set aside X% for options, and you play anywhere from 20-40% of that X% with the remaining 60-80% of X% reserved for critical needs (whatever that is; still figuring out what that would mean for me). For example: let's say I have $1,000,000. I would never use more than 100k for options where I play anywhere from 20-40k at any one time. I like this idea since if you start making gains, you continue to increase $$ (or decrease depending on how badly I suck) over time. In a sense, I am setting up an ghost account just for options that has its own cash reserves and does not over extend.

All very simple advice that I take heavily.
My spreadsheet really helps me stay in check in the above so I don't have to think too much about it.

[AstuteShift]

What I find accurate is that the more capital you obtain the harder it is to handle price fluctuations and also harder to pore more money in stocks since market makers will see that and Jack up option prices too quickly etc. Quite a scammy nature if the stock is not that big

Now for the indexes you would need tens of millions and the big boys use dark pools to hide their transactions so it’s not the big of the deal for them

For the peons like us, it’s best to consider whether just having enough to obtain a yearly salary off of trading. Not always possible due to the market dynamics always changing but worth to consider

[Yodean]

It’s do or die for Intel currently, if Intel holds steadily at this level on the weekly charts then it’s good long term hold based on the monthly charts

Even though, tech wise they’re behind nvidia/AMD and management is lackluster, all it takes is one announcement or change within the company to fire on all cylinders.

Despite cutting some losses on this stock for myself, I still look extensively on it since despite all the turmoil and struggle it’s still holding steadily.

Certain stocks, i apply the sit/wait/pounce strategy once I sense a change in the right direction in sentiment, management and indicators

Yeh, i think investors in general get a bit too influenced by near-term price action.

Although the following list has changed a little bit due to nvda, at the end of the day, intc is still high up in terms of revenue suppliers:

https://www.investopedia.com/articles/m ... smintc.asp

[SOL]

Intel Delivers 10,000 Aurora Supercomputer Blades, Benchmarks Against Nvidia and AMD

With two exaflops of performance, the Intel-powered Aurora supercomputer is expected to beat the AMD-powered Frontier supercomputer, currently the fastest in the world, and take the lead on the Top 500 list of the fastest supercomputers. However, due to Intel's continued delays in delivering the hardware, Aurora has not yet submitted a benchmark to the Top 500 committee, so it didn't make the list announced today. Intel shared new details about the system today and announced at the ISC conference that it has delivered 'over' 10,000 operational blades for the Aurora supercomputer — but with the caveat that these aren't the actual blades needed for full deployment. We'll cover the details below.

However, Intel says the system will be fully operational later this year and shared benchmarks with Aurora going head-to-head against AMD and Nvidia-powered supercomputers, claiming a 2X performance advantage over AMD's MI250X GPUs, and a 20% gain over Nvidia's H100 GPUs.


Intel says it has delivered the silicon for 'over' 10,000 blades — both the fourth-gen Sapphire Rapids Xeon chips and Ponte Vecchio GPUs — to the Argonne Leadership Computing Facility (ALCF).

However, Aurora is designed to operate with Intel's HBM-equipped Sapphire Rapids "Xeon Max" chips, which have been perpetually delayed. Due to those delays, Intel initially began shipping ALCF the non-HBM Sapphire Rapids chips, and the facility began populating Aurora with the standard non-HBM Sapphire Rapids as a stop-gap measure.

Intel is now providing the faster HBM-equipped Xeon Max chips to ALCF, but not all of the 10,000 blades it promotes as being delivered have the Max chips under the hood. We inquired with Intel, and company representatives confirmed that not all of the blades are equipped with the final Xeon Max silicon. The company tells us that approximately 75% of the blades contain the final Xeon Max revision of the silicon. Presumably, that is the bottleneck that is holding the system back from submitting a benchmark for the Top500 list.

https://www.tomshardware.com/news/intel ... ia-and-amd


If proven to be true, its a positive for INTC

[Yodean]

A bit of a sleeping giant, INTC.

Looks like it's waking up a bit.

[AstuteShift]

A bit of a sleeping giant, INTC.

Looks like it's waking up a bit.

It’s the dog of the semiconductor space. Eventually all dogs will have their day in the sun

[harryg]

Most advanced computer in UK - loadsa chips

The U.K. government said Isambard-AI will be the most advanced computer in Britain and once complete, it will be “10 times faster than the U.K.’s current quickest machine.” The computer will pack 5,448 GH200 Grace Hopper Superchips, powerful AI chips made by U.S. semiconductor giant Nvidia.

Hewlett Packard Enterprise, the American IT giant, will help build the computer, with aims to eventually connect it to a newly announced Cambridge supercomputer called Dawn. That computer, built by Dell and U.K. firm StackPC, will be powered by more than 1,000 Intel chips that use water-cooling to reduce power consumption. It is expected to start running in the next two months.