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Politics : Formerly About Advanced Micro Devices
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To: Elmer who wrote (50906)2/24/1999 9:59:00 PM
From: kash johal  Read Replies (1) of 1572377
 
Elmer,

At what price did you buy and what covered calls did you write.

I had written some Leap 35/40's a few months ago and bought them back last week.
So reduced my overall cost basis by about 3.50 down to about $17.00.
(I would have done much better but I bought a bunch at $24 trying to catch the falling knife).

I will probably write some deep out of the money calls once we jump back to to 22-24.

Just curious on your strategy.

Regards,

Kash
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