Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 215.00

+0.7%

3:59 PM EST

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To: Elmer who wrote (72952)	3/2/2002 12:54:52 PM
From: niceguy767	Read Replies (1) of 275872

Elmer: "Purchased @ $14.09 Wrote March $15 CCs for .45 I don't intend to let those get assigned so I will roll them out to April or May if AMD stays above $15. Note: It is not my intention to make a killing here. This is a business and I am looking to make 2.5% per month. That's all. I need to make $0.35 per month. Commissions are not meaningful here. 2.5% works out to 34.5% annualized. Not bad. If you do it on margin subtract about 8%. Not bad for using someone elses money." New business plan this pass, same rationle??? Writing calls rather than writing puts...Is the last "business" built on writing puts still in receivership???

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