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


To: Citidude who wrote (87244)1/14/2000 1:49:00 PM
From: Citidude  Respond to of 1573092
 
MMs dropping back to $39.50 to stop the daytraders - Back to $40 soon.



To: Citidude who wrote (87244)1/14/2000 2:37:00 PM
From: kapkan4u  Read Replies (3) | Respond to of 1573092
 
Just covered 50 Jan $30 puts for $1/4 (bought for $4 3/4) and 50 Jan $35 puts for $1 (bought for $5).

In three weeks I made more money selling AMD puts than elmer made in a year. I was selling in-the-money AMD puts since early summer (AMD at $16). And this put selling income is chump change comparing to my AMD paper profits.

Kap