Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: boris_a who wrote (107375)	4/22/2000 3:34:00 PM
From: Joe NYC	Read Replies (1) of 1575341

Boris, I mean selling 1 cc with a low strike (at the money) and buying 2 calls with a high strike? Where are the pitfalls? I guess the downside is that the stock moves up slowly, does not exceed the higher strike. You end up losing the stock at the low strike price and you end up missing the upward movement of the stock. Joe

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