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Politics : Formerly About Advanced Micro Devices

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To: chic_hearne who wrote (107759)4/25/2000 10:26:00 AM
From: Joe NYC   of 1577234
 
chic,

why don't you just stick with the calls for some time? They actually these (July 45) calls still have some premium built in, and exercising them means just losing the premium. If AMD tanks to say 45, these calls will actually gain premium. If you are afraid of the correction, you can still buy puts. But whatever puts you buy, you will pay a lot for them, because this stock is very volatile.

Joe
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