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


To: chic_hearne who wrote (114703)6/6/2000 10:35:00 PM
From: Joe NYC  Respond to of 1572116
 
chic,

If we touched $80 (due to big Naz pullback) I would sell a ton of July puts.

Did you read your broker's margin requirements for writing naked puts?

Joe



To: chic_hearne who wrote (114703)6/6/2000 10:41:00 PM
From: kash johal  Read Replies (5) | Respond to of 1572116
 
Chic,

re: AMD options

I am not sure AMD is a good option play for June.

We have had the botched Tbird release.

We have had no upward guidance on Quarter.

Durons are shipping but no spec's etc are available.

So the next big Upspike will likely be duron intro.

But that may happen next week or more likely June 26 which is after expiration.

Its more than likely AMD will trade with the overall market unless Intel screws up again.

regards,

Kash



To: chic_hearne who wrote (114703)6/7/2000 9:32:00 AM
From: that_crazy_doug  Respond to of 1572116
 
<< I'd like to exercise as many of my July options as possible, but will have to take a huge margin risk (45's will happen, 60's are 75% now, 90's are in limbo). If I could sell puts to offset my potential margin by $5-10 per share I would feel a hell of a lot better. >>

If you sell puts it would only decrease your margin risk if the stock goes up. If it goes down it'd increase your margin risk because you'd need more cash to cover the puts, and since if the stock goes up you won't get margin called anyway, selling puts to strengthen margin percentage doesn't seem to make much sense to me.