Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Bill Jackson who wrote (83469)	12/17/1999 6:29:00 PM
From: kash johal	Read Replies (2) of 1573039

Bill, Re: "options" You get quotes from your regular broker such as schwab, datek etc - all the on line ones anyway. In addition chicago has one at cboe.com i think just click on quotes. But before you rush in you should read up about them. They can be used as very conservative investments to hedge a long or short position or as a home run hit. It is said that 90% of all options expire worthless. What that means is it is good to be part of the 90%. Having said that I have a boatload of Jan 27.5 calls and have just rolled over my Dec 25 calls. In general I would advise you to do your research. In my view they are essential to any investor - particularly as a hedge against a severe downturn. As such you can also trade indexed options etc. Anyway hope you get into it ans study it - it should help to lower risks if used wisely with an occasional home run play as in the current AMD situation. regards, Kash

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