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


To: eplace who wrote (106838)4/19/2000 8:01:00 PM
From: Dan3  Respond to of 1573901
 
Re: maybe if you dispose of those we can get can on with the business of going higher....

<LOL>

I still have them. I'm a little concerned about a major dump today (didn't happen) or tomorrow during options expiration. I had a Fed call this morning (for an amount equal to less than 1/2 of 1 percent of the account's value!) but sold a chunk of calls just in case. My broker is begging me to diversify a little - he's a great guy with a lot of experience who is more worried about me than me and I listen to him but I can't find anything with 10% of the potential of AMD. Nonetheless, having much of the account consist of out of the money options purchased on margin is causing me to hold on to those puts just in case.

Regards,

Dan

Hey, I just took a look and (at this point) I've actually made a little money on the insurance policy. cool