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

To: Ali Chen who wrote (67246)8/1/1999 4:55:00 PM
From: Doug M.  Read Replies (1) | Respond to of 1574005
 
Ali, obviously you don't have any clue! If one has a significant capital base (Intel stock or any other great holding) you can make a lot of money by just selling puts. If you know the market and the companies you're selling puts on, you can make a significant amount of additional income. However, this strategy doesn't come without risks - if the stock tanks, you're liable to buy stock at the strike price that you chose to sell the puts.

I'm sure Paul makes a lot of income by selling puts on stocks he knows well.

Doug



To: Ali Chen who wrote (67246)8/2/1999 6:04:00 PM
From: Paul Engel  Respond to of 1574005
 
Ail - My Little ScrewDriver Buddy !

Re: "How could
you support your family buying Intel stock
and not selling some? "

First, Intel pays me - and other shareholders - a quarterly dividend. It's small but the "multiplying factor" is LARGE .

Second, I trade AMD stock - and have made a great deal of profit on these trades over the years.

Third, I have many RICH UNCLES that keep me well stocked with cash.

Paul


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