Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Paul Engel who wrote (116234)	6/18/2000 3:50:00 PM
From: niceguy767	Read Replies (1) of 1572371

Paulie: Re: "You should have been selling Naked Puts on AMD like Elmer and I have been doing for the past 18 months." Comment: I did sell puts at one point but found the margin requirements tied up too much capital and reduced my flexibility as well...I'm just much more comfortable buying calls on AMD, given its current upward price bias, something that is unlikely to change before year end...Let's see, $8 to $10 per month should get us to a minimum of $150 by year end (really like my January 80 calls in this scenario!)...actually, $300 by year end won't be too surprising, based upon my crystal ball!

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