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 233.49

+4.5%

2:36 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: niceguy767 who wrote (40179)	5/16/2001 12:36:32 PM
From: mfgrep	Read Replies (2) of 275872

ok Mr. Niceguy...lemme see if I have this straight. If I WRITE (not buy) the June $30.00 put contract against 500 shares of AMD.....I instantly pocket the $2.80 premium ($1400 total). Then on the third week of June...if AMD closes at $29.9999 or less......I must sell my shares at that price. Do I have this correct? This seems like a nice way to get more upside on AMD with no cash outlay given my feeling that this stock is on its way up. As you may remember I am level 1 options so I cannot BUY options....I can only write covered options. Any advice? Thanks, Jason

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next