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

To: Paul Engel who wrote (99232)3/21/2000 2:09:00 AM
From: kapkan4u  Read Replies (2) | Respond to of 1570746
 
<SCUMbria - Re: "try to imagine how you'll feel when AMD is at $70 prior to their expiry!"

Try to imagine how you'll feel if they work out like your February $47 1/2s !!>

I have to agree with you here. I don't see paying that kind of premiums for short-term calls. Why not sell deep in the money puts and go long on assignment. This would be a safer long strategy in my opinion.

Kap


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