Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 261.90

+0.4%

Dec 26 9:30 AM EST

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To: shoe who wrote (57712)	12/18/2001 7:49:32 PM
From: BWAC	of 70976

<then I guess I break about even (including commissions). Am I on the right track?> Strictly speaking yes. The potential profit for you would be the moving up from the 35 strike to the 40 strike. Of course you also lose some downside protection. Have you considered closing the calls and simultaeneously selling the stock? And re-entering on a pullback?

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