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

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To: Tito L. Nisperos Jr. who wrote (47838)6/14/2001 11:20:34 AM
From: Tito L. Nisperos Jr.  Read Replies (3) of 70976
 
AMAT YoYo Demo --- Options

Weekly/Intra-day

Sold 100 sh @ 52.10 (bought @ 56.20) taking a loss or sacrificing the stocks to acquire

5 Call Jul 45 @ 9.10/sh

This is very risky --- what if AMAT stays at 45 or below in just a month? This is kind of a gamble I used often in the past 2 Bull Markets with favorable results. The idea is that I exchanged 100 sh into 500 equivalent shares. I advise you not to follow headlong. Paper trade for practice.

Total Gains thus far:---
Weekly/intra-day YoYo Play = 4.10 points
Bi-weekly YoYo Play = 6.57 points

t
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