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: Petz who wrote (107822)	4/25/2000 2:29:00 PM
From: chic_hearne	Read Replies (1) \| Respond to of 1575900

Re: chic, don't figure on buying puts to protect your 200% long position in AMD. When you buy puts on the AMD, the "clock" for one year of holding period stops or resets to zero (not sure which). I would sell May 100 calls if you are nervous about being at 50% equity. John, Let me be more clear. Currently, if I exercised all of my options I would end up taking $755,000 on margin. I only make $51,000 a year, so if there was a disaster, I would be paying this off the rest of my life. If there was a more gradual downturn, I could take care of it. I'm worried about the overnight disaster and the fact that I'm 100% AMD. The only way I can keep all of these shares is to buy puts. Any recommendations? Please clarify "clock" statement you made, thanks. chic