Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: niceguy767 who wrote (104228)	4/12/2000 12:05:00 PM
From: chic_hearne	Read Replies (2) \| Respond to of 1583413

Re: My guess is the latter and volumes will pick up in the PM NG, Markets are acting real shakey this morning. Assuming we don't have total market collapse, I think there will be a rush to the entrance this PM, in particular the last half hour. I doubt there will be sellers, so this should drive the price up nicely. If the April call premiums look better in the PM, I may unload a few contracts. Otherwise, I'm looking to dump on the gap opening tommorrow, unless the news is so good I think the stock will go up before expiration. I'm debating exercising a few contracts also. The toughest part will be an entrance strategy into July options. I'm thinking of doing a sell April/buy July at the same time to avoid timing problems. I'd hate to sell 51 April contracts and only be able to get 25 July contracts as I watch the stock rise 10 points before buying. That said, I think I might hold out a few G's for April 21st. There's a lot of in-the-money calls for April, so it could be a wild day. If there's good downward pressure, July premiums may drop a bit. All and all, I've decided to not time this thing and go with a balanced approach dumping 10 contracts here and there. chic PS- I think it's time for everyone to lay off the OT, we are only a few hours from earnings.