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

To: Elmer who wrote (69267)	8/19/1999 6:01:00 PM
From: kapkan4u	Read Replies (1) \| Respond to of 1573092

<I see you prefer in-the-money puts while I have been doing slightly out-of-the-money puts. I'll have to give this some thought. Why do you see this as a better play?> My strategy is more bullish. You get less time value compared to "at the money" puts, but you profit more on the upside. If I get assigned, then I will write "at the money" calls next month. I can reduce the downside risk by writing fewer puts, and yet get more cash. BTW, I am not playing options with my core AMD position. Kap