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: Charles R who wrote (117062)6/21/2000 11:14:00 PM
From: kash johal  Read Replies (2) of 1579359
 
Charles,

re:"Selling puts on a rocket like AMD the month before earnings may not be the best use of funds. However selling puts in the two months following earnings may be an extremely profitable venture."

Well i have written 130 puts(80's and 85's) with an average price of $4. I may write 65 more in next few days.

I fully expect AG to raise rates 0.25 and the market is now in euphoria.

If the stock runs away from me thats OK - should still make over $80K for the month.

I still expect to buy some options about a week prior to earnings - especially on a downtick.

Just my strategy anyway.

Best regards,

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