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.

Strategies & Market Trends : Selling Puts: Have Cash Will Travel -- Ignore unavailable to you. Want to Upgrade?

To: Tom K. who wrote (778)	1/3/2000 8:11:00 PM
From: Elmer	Respond to of 1235

Re: "Nice trades Elmer. How far back did you put them on?" Most were written within the last 2 weeks, however the RMBS puts were written months ago as well as the AMD Jan 10s. Today I wrote the INTC Jan 75 early in the day and got 7/8s. I'm much more inclined to let options expire rather than close them out. It's just personal style. I will wait until about 1 week before expiration before I think about Feb. In this game "only the paranoid survive". AMD could be poised for a real breakout depending on how Q4 earnings turn out and Q1 looks. If things don't look so good AMD will probably tank, just like always. Intel looks pretty good to me. I always write puts on Intel every month without fail. In my opinion Intel is the best value among the Gorillas. I may try my hand again with RamBus but it scares me. Cheers EP