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Politics : Formerly About Advanced Micro Devices
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To: Steve Porter who wrote (104861)4/13/2000 12:57:00 AM
From: Joe NYC  Read Replies (1) of 1575724
 
Steve,

Ahhh.. but my first rule of trading is : NO OPTIONS.

... it's too easy for them to be manipulated

I don't feel too comfortable buying short term options either. That's why I rather sell them than buy them. If you happen to hold a stock that is a dog, you can enhance your return with covered calls greatly.

But in case of AMD, we have an explosive situation. Whatever call you bought in last 2-3 months made probably made money for you.

But all this open interest of calls is probably going to keep AMD depressed until the next Friday.

Joe
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