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


To: niceguy767 who wrote (28660)2/15/2001 4:38:58 PM
From: redbirdRead Replies (2) | Respond to of 275872
 
NG "I wouldn't be in any hurry to sell any April calls" I have been trying to buy calls above the money and then sell at the high after they pass the money. I then wait for a pull back and buy in again out of the money. I have bought and sold July 15, July 25, July 27.5, and April 25 calls. I sold the 27.5's when we the stock hesitated around 26.

The percentage change is higher with out of the money calls, so I try to find the one that fits with the next price wave on the chart.

Not really exiting AMD calls, just trying to (should I say the word) time the market. I realize this is as risky as investing gets. I assure you this is a small amount of cash that I can totally lose. I have a trip planned for Vegas at the end of March and am using the "I plan on loosing this" money.

My best guess right now is a run past 27.5 (maybe 30)tomorrow and back to below 27 next week.
Redbird