SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Idea Of The Day
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Burjis S. who wrote (14786)11/19/1997 5:13:00 PM
From: Judy  Read Replies (1) of 50167
 
Burgis, if AMAT's forward guidance is anything less than rosy or hint of a stall, I'd sell in the money calls as the stock runs before the initial effect of good numbers wears off. A nimble trader would do a ratio-write, in this case maybe a 3-2 ratio write where one writes 3 covered call contracts per 200 shares.

Or, just put the stock on the back burner and wait for the sector rebound to resume. But chalk the drawdown as part of tuition ... let quality stocks come to you. Remember, when the herd has seen the light and all SI is euphoric about a sector ... you are entering the last 20 percent of a cyclic run. Take care.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News