Atmel - the trend is about to change Message Board

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Technology Stocks : Atmel - the trend is about to change

ATML 8.140

0.0%

Apr 12 5:00 PM EST

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To: Bipin Prasad who wrote (7485)	12/4/1997 1:51:00 PM
From: hpeace	Read Replies (1) of 13565

BP, buy the 65 put yesterday<ggg> and sell the 85 naked put today. fo april 98. this gives you a spread and a 20 point margin requirement that's 20,000 times .25% = 5k per 1000 shares minus. some have premium added to that. should get 21-22 for the naked put. getting the 65 put when the stk advances is smart. I think the inel rumor today caused the cpq to 62+.. what do you think???

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