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


To: eplace who wrote (106976)4/20/2000 9:30:00 PM
From: Dan3  Respond to of 1575791
 
Re: Let me how it turns out [April *ntel puts].

Hi Ed,

I took the easy out and sold in the late morning (It's tough for me since work is very busy these days, I can only fiddle with this stuff from time to time). They would have been worth much more in the afternoon. I didn't even get a double :-(

But I did make 65% in 2 days :-)

It was also a sort of moral victory for me. The first option trading I ever did consisted of (last July) Intel puts, Rambus Puts, and AMD calls with even dollars invested in each. The Intel puts just kind of went phhht! The rambus tripled but I held them too long and they went phhht! But the AMD calls more than made up for everything else (Jan 25 of this year bought for 1 1/16 <VBG>). Since then I've stuck with AMD stock and calls (which has been like having a little machine that prints money) but it felt good to make back those Intel put losses on an Intel put.

Regards,

Dan

PS - I'm an ignorant newbie at options trading, but Jerry and my broker have been making it easy for me.