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


To: crazyoldman who wrote (103165)4/8/2000 11:55:00 PM
From: Joe NYC  Read Replies (1) | Respond to of 1574888
 
Re: Well, this is going to be the quarterly result for me as an AMD shareholder.

Are you saying you're selling your chips and leaving the table?


Somehow the word first is missing from that sentence. I meant to say that this will be the first quarterly result for me.

I am keeping my shares and LEAPs. I sold my options on Friday, just before the close. I have not decided if I am going to trade any options next week. If we move above 80, I may sell some CC, if we go down from here, I may buy more April options. If we have a meltdown on 13th or on option expiration, I may buy more LEAPS.

Anyway, the volatility is completely crazy, causing LEAPS to be very expensive. I wouldn't mind if we built a base, stay within narrow range, so that I could buy the LEAPs cheaper. But I don't think it is going to happen. It looks like we stay with the current high volatility.

Joe