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Politics : Formerly About Advanced Micro Devices

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To: Bill Jackson who wrote (83443)12/17/1999 2:26:00 PM
From: kash johal  Read Replies (1) of 1572978
 
Bill,

Re:"Elmers strategy"

Yes it is very good.

And if he gets assigned he can sell covered calls as well for additional protection and income.

Where his strategy loses is not so good if AMD shoots up or down dramatically.

One can argue a $50 stock price by Jan 21 in which case he will have his $8,000, but will have lost on all the upside of over $100,000.

BTW, I sincerely do NOT wish to see the stock at $10 in Jan.

I'll have a heart attack with what I have riding on this baby.

regards,

Kash
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