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


To: L. Adam Latham who wrote (83455)12/17/1999 3:48:00 PM
From: Bill Jackson  Respond to of 1572924
 
Adam, Thanks for the link. I am not sure I want to get into it right now as it look like day trading, risky as hell, but potentially very profitable.

Bill



To: L. Adam Latham who wrote (83455)12/17/1999 6:53:00 PM
From: Kevin K. Spurway  Read Replies (1) | Respond to of 1572924
 
Re: "Buy this book, read it, write a few "practice" puts, and maybe you'll agree this is a good way to generate cash flow with limited risk (as opposed to uncovered call writing, which has unlimited risk)."

I don't think anyone is questioning the effectiveness of Elmer's strategy. What we're questioning is whether it's a strategy that's appropriate to somebody who thinks the underlying stock is overvalued and will shortly miss its earnings number substantially.

Kevin