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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (103879)4/11/2000 4:01:00 PM
From: Epinephrine  Read Replies (1) of 1571680
 
John,

RE: <If AMD closes on 4/22 at $75 or below, your option will expire worthless. If AMD were to close at $80, your options would be worth $5 per share; $500 per contract. >

True, but if AMD gets back to 75 by the day after earnings there will still be some time value left and I will still be able to sell them, right? Is there an equation for how time value is figured?

Thanks,

Epinephrine
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