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


To: niceguy767 who wrote (83524)12/18/1999 11:42:00 AM
From: Richard Wang  Respond to of 1572946
 
Nice,
Re: Writing naked puts is a bullish strategy as it limits downside risk and offers unlimited upside gain.

Writing puts does not give you unlimited upside gain. You maximum gain is the premium you collect, and nothing more.

If the stock is put to you and then the stock goes up and you gain more, that's another story, and shouldn't be considered as part of the put writing strategy.

Richard



To: niceguy767 who wrote (83524)12/18/1999 3:16:00 PM
From: Yousef  Read Replies (1) | Respond to of 1572946
 
stupidguy767,

Re: "If I were bearish, I really don't think I'd want limited gains on the downside
and unlimited exposure on the upside."

You really should read an elementary primer on options ... Your "ignorance"
is showing, IMHO.

Make It So,
Yousef