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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 200.98+1.4%3:59 PM EST

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To: bacchus_ii who wrote (73056)3/3/2002 10:42:24 AM
From: TGPTNDRRead Replies (1) of 275872
 
Gottfried, Re: 2) The most frustrating part is when you have such position (short put or CC) you lost freedom of trading the shares. It's the reason I couldn't jump in when AMD was below $8, a lifetime missing opportunity.

Not so, IMO, depending on your position(short put or CC).

If you were short puts, though you have to decide how deep you want to go in the underlying equity and how much leverage you're willing to take on in support of your intellectual position.

If you were long CC, the clear winner would have been to cover them.

(Easy to say in retrospect.)

tgptndr
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