SI
SI
discoversearch

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

To: Charles R who wrote (102512)4/6/2000 12:45:00 AM
From: chic_hearne  Read Replies (1) | Respond to of 1575939
 
Chuck,

I'm an amatuer, but to me, I believe this means the options players believe AMD won't go below $65 before earnings.

I'm sure other experts can offer more insight.

chic

PS- According to put experts like "elmer", 90 some percent of put options expire worthless.



To: Charles R who wrote (102512)4/6/2000 3:29:00 AM
From: Petz  Respond to of 1575939
 
re:<I just checked and I see 6805 Apr 65 put contracts traded today.> IMO, any sign of such large scale pessimism is very good news.

Today I bought more 55's and sold 70's against them for a debit of 10 1/8. That was almost a nobrainer. After online commissions, profitable as long as AMD stays above 65 3/8, with a likely 45% profit in 2 1/2 weeks.

Petz


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News