Formerly About Applied Materials Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials

AMAT 297.57

-6.6%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gottfried who wrote (32761)	10/8/1999 7:43:00 AM
From: robert b furman	Read Replies (1) of 70976

If you sold January 25 puts,you would receive a cash credit in your account but you would also have committed an even huger amount of purchasing power 2000 x 100 x $25. Selling puts naked is a slightly bullish strategy in that you are committed to buy AMAT at 25. If amat stays above 80 until the third friday in january,that buyer keeps the money. The next step of buying jan 45's gives him a spread or straddle or butterfly (its over my head ).Thats why people buy software like option station.Perhaps playing two different exchanges enables a better premium play which put less risk into the position. I currently have some Oct 75 puts that I sold 2 months ago.I am patiently waiting for them to expire worthless on October 15 or I would also gladly buy the AMAT at 75.Either event would please me.However after yesterday's 4 plus point drop my in the money cushion sure did get whittled down. Bob P.S. Somebody plays strong and has huge Kahones !!! Bob

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next