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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: CharlieChina who wrote (69122)2/13/2001 11:23:21 PM
From: Chuck Williams  Respond to of 99985
 
Hi Nick,

I'm glad you didn't take my post the wrong way. I try to be a nice guy :-)

So howzabouts this: Take some AMAT at around 45, sell some Jan 2002 45 calls, pocket the ~$11 and put it in yer money market account. You have just guaranteed 20-25% return on your investment. You can always monitor the rest of the year and potentially close your option position to yield an even higher % return.

Now I believe the stock will get called away next year, so don't sell it!

As far as understanding the plan goes... I thought all of our plans were to make money! Best of luck to you whatever you decide to do.

Chuck