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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Richard Wang who wrote (61968)6/16/1999 4:20:00 PM
From: Elmer  Respond to of 1572472
 
Re: "My breakeven is 17, versus 16 1/2 of yours, so there is only a small additional amount of risk, but the gain is much greater. There is a good chance of me making good money even if the "20" is put to me, as I have a $2.5 cushion."

Your point is valid. My preference is to have the puts expire worthless. Unlikely with the $20s.

EP


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