Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: that_crazy_doug who wrote (117186)	6/22/2000 4:24:00 PM
From: minnow68	Read Replies (1) of 1571063

Doug, What Elmer is saying about risk with writing puts is true in the special case of reserving enough cash to cover assignment. For example, if I write ten contracts of AKDMD (Jan 01'120), if I keep 120 grand in cash to cover assignment, I can never be worse off than if I had simply purchased the stock. The problem with this scenario is who actually does this? Mike

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