lt cap,

Of course, Apple going their own way isn't a good thing for INTC. OTOH, INTC has increasingly been moving away from computers towards datacenter and cloud computing, which is now just under 49% of their revs. I've always thought that their ability to transform themselves by invading news spaces is pretty good. I don't know how well that's going to work out when they start releasing their discrete GPUs meant to compete with NVDA - I think NVDA may be more nimble even than INTC.  Still, I'm surprised to see them not take a large hit today, given the below-estimate guidance for Q2, not to mention the (expected, for almost everyone) lack of guidance beyond that. INTC still seems something of a street darling in terms of not holding their feet to the fire.

I did sell a couple calls on CIEN May 22 stk 48 @ $1.35. Nothing in the league of Jon, and I missed that last .25, as they continued to zoom right into the close.  It's a hard call on how to handle calls on their CC - the premium jumps disproprotionately, as usual past  the June 5th calls. I *think* they said they'd be impacted by covid. But...suppose their CC is much better compared to others? Selling calls may turn out to be a losing strategy if they zoom after earnings. I'll punt - I think I'll have what Jon's having.