Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Paul Engel who wrote (51228)	2/27/1999 9:32:00 PM
From: ajbrenner	Read Replies (3) of 1572209

Re:Currently, I have sold a lot of AMD puts - from $15 down to $10. Paul, If I understand you correctly you have sold naked puts on AMD at various prices. Essentially as the put seller you are betting that the price of AMD will rise or at least stay the same so you won't loose your premium. I find this a very a curious strategy from someone who as absolutely nothing good to say about this company. Just how many puts does one have to sell to make a "small fortune"? I know those premiums really add up fast. ajb

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