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Politics : Formerly About Advanced Micro Devices

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To: Ali Chen who wrote (67246)8/1/1999 4:55:00 PM
From: Doug M.  Read Replies (1) of 1574199
 
Ali, obviously you don't have any clue! If one has a significant capital base (Intel stock or any other great holding) you can make a lot of money by just selling puts. If you know the market and the companies you're selling puts on, you can make a significant amount of additional income. However, this strategy doesn't come without risks - if the stock tanks, you're liable to buy stock at the strike price that you chose to sell the puts.

I'm sure Paul makes a lot of income by selling puts on stocks he knows well.

Doug
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