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


To: Gopher Broke who wrote (103895)4/11/2000 4:34:00 PM
From: Road Walker  Read Replies (1) | Respond to of 1571245
 
Gopher,

Yes, 60 dollars <per share. Times 100 shares is $6000, with a modest sale of 10 contracts, $60,000, minus of course what you were paid for the options.

One interesting aspect of options is that if you buy them you know your downside but you have almost unlimited upside. If you sell them you know your upside, but you have almost unlimited downside.

Trading options can involve an expensive learning process.

John