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Politics : Formerly About Advanced Micro Devices
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To: Pravin Kamdar who wrote (70395)8/31/1999 11:54:00 AM
From: kash johal  Read Replies (3) of 1573924
 
Pravin,

And rest of Kamikaze gang.

I write 100 Jan 2002 $40 leaps yesterday at 3 7/8.

Seems like a nice hedge and doesn't cap my upside too much.

I expect the stock may tumble into the $17 range if earnings are awfull as i suspect.

At which point I will use some of the premium to buy some mid 2000 calls.

If we go up and up from here I can live with it.

Good luck Kamikaze club.

regards,

Kash
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