The document outlines a tactical trading idea involving a costless April upside risk reversal for INTC, following a 10% pullback due to a security issue. The strategy involves buying an April 50 call and selling an April 36 put, with significant leverage and unlimited upside potential. Risks include being put INTC stock at $36. The rationale is based on Deutsche Bank analysts' views and upcoming events like CES and earnings announcements. The document emphasizes the high risk of options trading and the need for client suitability assessment.
doj/DataSet10/EFTA01433440.pdf
{"title":"Tactical Trading Thoughts - GPS Americas","key_people":["Ross Seymour","Sidney Ho"],"document_date":"2018-01-04","document_type":"correspondence","document_subtype":"internal memo","key_organizations":["Deutsche Bank","Wealth Management Global Products & Solutions Group of the Americas"],"reference_numbers":["EFTA01433440","EFTA01433441","EFTA01433442"]}