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Non-Tech : Amati investors
AMTX 1.645+6.5%3:59 PM EST

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To: barry fowler who wrote (10916)2/22/1997 7:42:00 PM
From: pat mudge   of 31386
 
[Options]

<<<It's clear some people here believe AMTX may be rising significantly in the near future. Wouldn't this be a good time to consider the options market?>>>

ARQ is the symbol. And, yes, I trade options. And, yes, it's riskier than owning the stock. The only reason I bother is because I watch the stock so closely it seems a shame not to take advantage of the moves when I see them coming. With the stock at its lows, I sold both April and July puts and bought March and April calls --- both bullish moves. When the stock runs up higher than I think it can maintain, I'll write calls to protect the down side. I haven't done this as much because with my temperament I have a hard time accepting the possibility the stock will drop.

Either way, I don't recommend this strategy on a stock you don't follow closely.

Regards,

Pat

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