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Politics : Formerly About Advanced Micro Devices

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To: niceguy767 who wrote (83410)12/17/1999 12:49:00 PM
From: Elmer  Read Replies (2) of 1573047
 
Re: "Fudd's selling AMD puts is a bullish strategy!!! Peculiar behaviour, no??? "

PollyAnna, always looking on the bright side aren't you! By selling Jan $25 puts I am expecting no more than a ~22% correction in the stock price in one months time, picking up a nice premium, and still earning interest on my risk capitol. Only you could see that a bullish. Bullish does work in my favor, but so does neutral and moderately down. Those rose colored glasses of your's must be getting steamed up!

EP
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