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Politics : Formerly About Advanced Micro Devices
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To: niceguy767 who wrote (95104)2/25/2000 10:05:00 AM
From: Epinephrine  Read Replies (2) of 1575174
 
RE: <...I see by the opening, a few more are going to be wrung out of AMD this morning...>

Niceguy767,

Yep, and that's why I have been considering those covered calls. I am probably just as bullish as anyone on AMD's prospects but I am just not convinced they are going to pop now. (ie next few weeks) the stock seems very reluctant to break this range and I think it may just take a runup prior to earnings to break us out and that might not start until late march or early april and would allow me time to profit from the current range in the meantime. I would probably write more calls but not until it jumps to 43-44 so I could get more for 50's (or even 45's).

Thanks,

Epinephrine

PS: Who is your broker and are you approved for naked puts?
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