Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (103890)	4/11/2000 4:24:00 PM
From: Road Walker	Read Replies (1) of 1571399

Ted, If you bought calls or puts, you can sell them at any time. If you sold puts or calls, you can buy them back, and make or lose the difference between what you paid and what you sold for. The problem with selling or buying options and holding your position through earnings, is that the underlying stock can gap so far on the off hours news that you don't get a chance to trade until after the fact. Think of the folks that held long options positions in MOT overnight last night. Most all of them went to zilch this morning before they had a chance to trade. John

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