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


To: Steve Porter who wrote (105046)4/13/2000 12:26:00 PM
From: niceguy767  Read Replies (2) | Respond to of 1573538
 
Steve Porter:

Re: "The vast majority of the profit in these calls is in the $80 and up calls. Therefore, the stock will stay BELOW that level until they expire."

Comment: Disagree respectfully! There is no way AMD won't be well above $80 by the close on Thursday April 20 if heavy volumes continue, which they will, imho! In fact, it won't surprise me if AMD gets to $80 this PM...Once AMD trades above $80, a 30% runup over a short period is not unlikely, imho, and that could happen anytime between now and the close on April 20, options expiry date...Let's revisit this discussion after the close in a weeks time!