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.

Jamok,

Intel's management continues to execute well, their dominance of Datacenters is truly outstanding, they always manage to find new places to expand into. 

I don't follow AMD or INTC much, but hasn't AMD killed them the past few years? my son builds computers and prefers Ryzen chips for the price and I read an article recently that mentioned some of INTC's higher end chips perform on level with some older Ryzen chips. Am I wrong in this thinking? I seriously don't follow it closely enough - although I know INTC is in other businesses.

I own INTC for the dividends mostly, have done for many years.

So you may be right, but it's also the case that AMD has 3x the P/E multiple of INTC based on 2021 estimates, so I assume that's priced in somewhat.

Thanks, I haven't really looked at either stock for years.