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 : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (73243)	1/11/2000 4:01:00 PM
From: Paul Engel	Respond to of 132070

Bearke - Re: "I am buying more Intel puts, this time Feb 80s. " Good - we've got you down for Feb. $70, 75 and 80 PUTS. Keep up the good work ! Maybe you can try some of Intel's "tricks" to explain how you make money from these puts that always seem to go against you ! Paul

To: Knighty Tin who wrote (73243)	1/11/2000 5:48:00 PM
From: Terry Maloney	Read Replies (1) \| Respond to of 132070

Michael, I noticed you bought layers of INTC at 70 & 75 yesterday, before this upgrade gave us whole new buying opportunities. The reason you moved to 80's today is obvious, but would you expand a bit on your thinking when you buy layers more or less simultaneously? Are the 75's a hedge against the 70's being perhaps a tad over-optimistic, or conversely are the 75's the main play and the 70's just a 'flyer' in case the pooch really pukes for once? Or is it something a bit more sophisticated? <g>