Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 307.20

+2.0%

Jan 12 3:59 PM EST

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From: Cary Salsberg	4/1/2002 10:35:04 AM
	Read Replies (2) of 70976

FWIW: I executed a limit GTC order and bought one purchase dollar amount of ALTR @$21. In a relative's account, I bought ALTR @$21 and sold the SEPT 27.5 covered call @$1.55. This was a "ratchet down". In Dec, I bought an equal number of shares @$23.75 and sold the JUN 30 covered call @$2.65. Net in December was $21.10, today, April, $19.45. The next level is $18.

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