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.

Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: Charles R who wrote (2843)	7/30/2000 1:05:28 AM
From: TimF	Respond to of 275872

Good luck. Intel's PE is way out of line with its growth rate. Either there is going to be a day of reckoning or this puppy is due for a long bout of stagnation. A long period of stagnation could still result in a profit for Albert. If Intel goes nowhere for 2 years and then is only slightly up in the period leading to his options expiration the long 130 call could be in the money while the short 160 call expires worthless. I have done a couple of spreads on AMD Jan 01 options myself. Well not really spreads I didn't short the higher priced calls when I bought the 85 and the 90 call. I sold calls that I all ready owned. Looking at the bid/ask from friday a spread of short AMD Jan '03 120 calls and long 70 calls could be a good investment. The debit would be less then 12 and I think it is very likely that the maximum profit of 50 would be reached. I don't have the $1200 right now and by the time I do I think this deal will no longer be avaiable. Tim