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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (121205)7/29/2000 4:19:27 PM
From: Paul Engel  Read Replies (1) of 1574760
 
Tejek - Re: "I know nothing about options. Is that the actual dollar amount lost...350k.....or the potential value of the options?"

That $350,000 is what the DOCUMENTED COST of the AMD July Calls that SpryGuy purchased (plus a few thousand more purchased in desperation at the last day or so that I didn't account for).

SpryGuy never posted a SALE of these calls, so he rode them down to the wire on the expiration date (July 22) where they expired at ZERO VALUE - every last one of them.

BAM !!!

Paul
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