I am buying Xilinx in the 115 range and selling Nov 20 , 125 Call at $3.1 range. Possibility of being bought by AMD makes a good trading idea in my belief.
XLNX trade is doing good. On another trade, I am selling naked INTC PUT options for Nov 6 50 and 48 strike prices.
Thanks. I bought 4600 shares and now is a good day for me . I was always surprised why COSTCO which sells cooked chicken and bundled toilet paper should have higher P/E of a great tech company like XLNX and today I was paid well for being patient.