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

To: Elmer who wrote (83417)12/17/1999 1:28:00 PM
From: Kevin K. Spurway  Read Replies (1) | Respond to of 1573027
 
Re: "Those rose colored glasses of your's must be getting steamed up!"

If his glasses are rose colored than you must be wearing blinders. By anyone's definition, selling puts is a bullish strategy. Why? Because (ceteris paribus) the VALUE of your short position RISES when the stock price rises, and FALLS when the stock price falls.

Face it, your cobwebby brain is telling you to go long AMD but your two-sizes-too-small heart is telling you that that would be Intellabee sacrilege. The compromise between the two is your short put strategy.

Kevin



To: Elmer who wrote (83417)12/17/1999 3:14:00 PM
From: niceguy767  Read Replies (2) | Respond to of 1573027
 
Hey Fudd:

To suggest that writing puts is not bullish is about as ridiculous a suggestion as your negative $0.62 for AMD's 99Q4 eps...Check in any Options 100 manual and you will find writing puts listed under bullish strategies!

As much as you wish to contest writing puts as being non-bullish, you are flat out wrong (again)!


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