Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: StockMan who wrote (31439)	4/8/1998 11:21:00 AM
From: Maxwell	Read Replies (1) of 1584759

Stockman: You understand nothing of options. I established a large amount of Jul calls options when AMD was 20-22. Now that the news is over I am taking the profit. Since AMD will not be profitable by Q3, you will see AMD starts to run up by May-Jul. I am not sitting on Jul. options that are deep in the money. As a friendly suggestions you should pick up some AMD Jan. options. You will make some good money. As a record I just sold 100 contracts Jul 20 Calls for 8.5 and picked up 50 VVVAF for $5 1/8. Jan. options are selling at good price. You see AMD in the 40s later this year. Don't underestimate the 0.25um K6. Maxwell

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