I sold naked put for INTC for March at $2.4. When I go long INTC at these levels , I am not expecting $10 profit in a week. As someone said $19 to $25 is a safe range and If my nake PUTs expire worthless, I would be happy and if they are assigned, I will be happy to be long on INTC. If I am long INTC, I can still sleep while it goes down 20 cents a day but I would have nightmare in being long GOOG at $450. By the way, I don't see that much down room for GOOG in short term anymore. It will bounce back at least for a short term.