Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Petz who wrote (107593)	4/25/2000 10:11:00 AM
From: chic_hearne	Read Replies (3) of 1575938

Re: chic, yes, exercising the Jul45 now to get an earlier LT gain makes sense to me. Petz and thread, I'm going to exercise maybe Friday or early next week. I want to see what comes out of AMD's shareholders meeting and INTC's meeting with analysts, both on Thursday. I'm going to have to take the entire $45 on margin. In this case, I have to buy puts. I know this sounds like a waste of money, but what if Dresdan burns to the ground? Who knows what could happen, but if this thing tanks for any reason, I have to have a put above my margin price. I can't get stuck with hundreds of thousands of dollars of debt if some disaster strikes. Taking that into account, what put (month and strike) would you recommend? chic

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