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Politics : Formerly About Applied Materials
AMAT 230.77+0.9%Nov 12 3:59 PM EST

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To: Tito L. Nisperos Jr. who wrote (47774)6/11/2001 10:11:24 AM
From: Tito L. Nisperos Jr.  Read Replies (1) of 70976
 
AMAT YOYo Demo --- Options

Weekly/Intra-day

Bought 1 Call Jul 42.50 @ 13.00

Now I got 4 Calls with average cost for said Option of 13.50/sh. Should the stock drops further say to 50 or lower, my More BBs (more Bang for the Buck) Strategy could be used --- that is sacrifice or sell at a loss 100 sh in order to obtain about 5 call of Oct Option. This strategy is risky (half million could turn to 78 bucks as I experienced) in a Bear market but very rewarding in a Bull Market.
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