SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Joe NYC who wrote (114981)6/8/2000 4:22:00 PM
From: TimF  Read Replies (3) of 1571690
 
I took the money from the sale of my RMBS straddle (thanks for the idea Scumbria) and used about half of it to pay down margin while the other half went to buy 1 July 95 call order. My reasoning was similar to yours Joe. I think Duron introduction and the run up to what I think will be a very positive earnings report will put the shares above $100 easily. If I was convinced of Niceguy's prediction of $120+ by July expiration I'd hold on to the call order to exercise it, but being slightly less bullish I'll probably sell on any solid gain (either that or sell out of the money covered calls on my 200 shares, maybe both).

OT

I put in another offer for a house and again it wasn't accepted. I think I'll keep putting in low to moderate offers trying to get a good deal, rather then aggressively trying to pay what it takes even if it means I have to wait a few months. Would my option debt be counted against me when I try to get a mortgage?

Tim

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News