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Politics : Formerly About Applied Materials
AMAT 325.15+2.3%3:59 PM EST

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To: Tito L. Nisperos Jr. who wrote (11034)11/14/1997 9:57:00 AM
From: Tech Buyer  Read Replies (2) of 70976
 
Tito, I haven't tried writing any LEAPs. Would you suggest writing in-the-money Puts when the price is down (like now) and buying them back for less after AMAT moves back up? I know the brokerages require a certain percentage of cash in your account when you write short-term Put options, so is it pretty much the same for LEAP Puts? Thanks.

TB
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