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


To: Elmer who wrote (119712)7/8/2000 7:54:09 AM
From: Gopher Broke  Read Replies (2) | Respond to of 1574854
 
How do you manage to remain so conservative in the face of such potential? Sure, the CCs will give you a guaranteed return, but you will pick up just ten bucks now for Jan 01 $120s. It is a decent return, but if, as Niles predicts, AMD are at $100 in a couple of months then you are looking at fifteen bucks for those same options. I like writing CCs myself but I just can't pull the trigger on AMD calls when I think about where they might/should be in a couple of weeks.



To: Elmer who wrote (119712)7/8/2000 10:45:12 AM
From: Joe NYC  Read Replies (1) | Respond to of 1574854
 
EP,

Monday looks like a good time to write some Jan 01 $120 CCs.

Do you expect a rally on Monday? Why not wait and do it closer to CC? I am thinking about writing July calls on Friday morning (after CC).

Joe