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Technology Stocks : Intel Corporation (INTC)
INTC 34.50+2.6%Nov 21 9:30 AM EST
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To: kapkan4u who wrote (84524)6/25/1999 11:13:00 PM
From: nihil  Read Replies (1) of 186894
 
"" Elmer sells puts by a "ton" and says that he doesn't mind to be assigned some AMD.
For those who understand put writing, this is a very bullish strategy because you have to
be ready to accept a huge AMD position if the stock goes lower then the strike price. ""

A deceptive view of put strategy. Writing deep out-of-the-money puts is a mildly bearish strategy. Writing in-the-money puts is a bullish strategy but if the premium is high enough it can be neutral or mildly bearish.
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