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


To: Elmer who wrote (65744)7/16/1999 11:11:00 AM
From: Kevin K. Spurway  Read Replies (1) | Respond to of 1574267
 
Re: "At the moment I have no long position in AMD. I am short July 15 & 17.5 puts."

The value of your puts rise when AMD goes up. That is generally considered to be "long." But what do I know, I just learned how to trade on the bond floor of Merrill Lynch, New York.

BTW, I think your strategy is a good one and always have, assuming you're actually doing it.

Kevin