Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: L. Adam Latham who wrote (83455)	12/17/1999 6:53:00 PM
From: Kevin K. Spurway	Read Replies (1) of 1572970

Re: "Buy this book, read it, write a few "practice" puts, and maybe you'll agree this is a good way to generate cash flow with limited risk (as opposed to uncovered call writing, which has unlimited risk)." I don't think anyone is questioning the effectiveness of Elmer's strategy. What we're questioning is whether it's a strategy that's appropriate to somebody who thinks the underlying stock is overvalued and will shortly miss its earnings number substantially. Kevin

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