Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Goutam who wrote (83432)	12/17/1999 2:15:00 PM
From: Elmer	Respond to of 1573092

Re: "Ah, you always sell puts on INTC. Now, why don't I here you saying that you are profiting because of not-so-smart Intel investors keeping the stock price high (oops, you also hold lot of INTC - don't you?) ;o)" As I said to NiceGuy, writing short term puts is effective in a bullish, neutral and mildly bearish situation. The only time it doesn't work is in a real downturn, but what would happen to you then if you were long? I'll still do OK because I'll be buying at a discount, or I'll roll the options out to a later month. To play AMD all I need is a forecast that is not decidedly short term bearish. I think this is prudent at this time. On Intel I am long term bullish. This is not my only strategy, just one of them. This generates cashflow. I also hold stock for the long term. EP