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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Jerome who wrote (32762)10/8/1999 1:15:00 AM
From: Gottfried  Respond to of 70976
 
Jerome, thanks for the explanation. So even the BUYER of the puts will benefit. The stocks doesn't have to be in the money [i.e. reach 25 or less] for the puts to appreciate in value.

I have a lot to learn about options.

Gottfried



To: Jerome who wrote (32762)10/9/1999 9:11:00 PM
From: rich4eagle  Respond to of 70976
 
If he is getting the 37,000 and paying 20,000, he just wants AMAT cruise along and have both expire worthless, or have AMAT drop to 35 and make a double killing