Advanced Micro Devices - Moderated (AMD) Message Board

STOCKTALK

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.

Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 207.67

+2.2%

Jan 12 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Petz who wrote (37886)	4/30/2001 4:58:01 PM
From: Epinephrine	Read Replies (2) of 275872

John, It was kind of a side reference in a post to Ali, I probably should have just ignored it but in light of so many real censorship agendas in our society I find it incredibly annoying for someone to get on this thread and act like a crusader against the concept of censorship when it doesn't even exist on this thread in any conventional sense. I have taken no action on my position since earnings. All of my shares are hedged. I have 200 Jan2003 40$ covered calls locking down my main position and 25 May 27.50$ covered calls on the trading shares. I don't really like the idea of the may calls being exercised and the shares taken from me since I am already capped at 40 on all my other shares but considering the wild ride we have taken and the fact that I was heavily on margin through it all I am just happy to not have gotten wiped out. Epinephrine PS: If anyone can give me any advice on the Jan 2003 40 leaps I would immensely appreciate hearing it. I was forced to sell them to meet margin requirements when the stock was at 13-14 but obviously now they are a tremendous thorn in my side as they are not only capping my upside but also keeping me from taking profits on a portion of my position. Should I be looking for an opportunity to buy to close, should I just try to wait it out, is there some offsetting option strategy that I am not aware of? I can live with 40 but if I could finnesse some sort of coup such as buying puts right before a big drop and using the profits to cover the leaps at the lower price for a net break even on the premiums I would be absolutely ecstatic. (or is that a pipe dream and I should just wait it out)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next