Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 256.41

+1.1%

Dec 19 9:30 AM EST

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To: Lane who wrote (13055)	12/12/1997 2:08:00 PM
From: Lee Penick	Read Replies (1) of 70976

Lane, You said you were getting Put for a average cost of 34? Is that right? Can't you roll them forward, and possible down too? I'm in a similar situation with Dec 35, but just plan to roll them into Jan 35s and making 3/4 additional per share. Granted, I won't make what I wanted the first month. But if the stock eventually comes back, (matter of time) I won't lose either. I'll just keep selling more time value and collect a little more each month. Then, when the price gets back to 35, I may let myself get put and play the calls and the puts. Hope this helps. Hate to see anyone lose money. Lee

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