Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: kash johal who wrote (114697)	6/6/2000 10:23:00 PM
From: chic_hearne	Read Replies (3) of 1572138

Re: I am SHORT the NAZ QQQ's at $92 and $94. Sure would be nice to have a collapse down to $80 or so. At which time AMD should be in $80 range. Sure would make a great week if it happens. Kash, I'd sacrafice my June options to get AMD back to the low $80's. I only have $2400 in June 120's (that are already pretty much worthless). I should be approved to sell puts anytime now. If we touched $80 (due to big Naz pullback) I would sell a ton of July puts. I'd like to exercise as many of my July options as possible, but will have to take a huge margin risk (45's will happen, 60's are 75% now, 90's are in limbo). If I could sell puts to offset my potential margin by $5-10 per share I would feel a hell of a lot better. chic

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