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Politics : Formerly About Advanced Micro Devices

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To: niceguy767 who wrote (83524)12/18/1999 11:42:00 AM
From: Richard Wang   of 1573774
 
Nice,
Re: Writing naked puts is a bullish strategy as it limits downside risk and offers unlimited upside gain.

Writing puts does not give you unlimited upside gain. You maximum gain is the premium you collect, and nothing more.

If the stock is put to you and then the stock goes up and you gain more, that's another story, and shouldn't be considered as part of the put writing strategy.

Richard
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