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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Amy J who wrote (131346)	3/30/2001 2:34:55 PM
From: kapkan4u	Read Replies (2) \| Respond to of 186894

<Kapkan and Thread, I'd like to hear from either AMD & INTC Threadsters that express their thoughts and strategies...> I don't know much about strategies of increasing number of shares one owns. I think this is the wrong goal to have. My strategy is to generate cash every month. This month I sold 800 AMD April $30 call contracts for an average $2.20 a share and 400 AMD April $30 and $27.50 put contracts for an average $2.00 a share. This is money in the pocket here and now not some paper that may go up or down. If I get called I will write more puts next month. If I get assigned I will write more calls. And of course there is a $180 Billion INTC cookie jar for one's shorting pleasures. Regards, Kap

To: Amy J who wrote (131346)	3/30/2001 2:43:04 PM
From: maui_dude	Read Replies (1) \| Respond to of 186894

Aloha Amy, Re : "Thread, let's get a strategy discussion going." Here are my thoughts: It's not necessarily your strategy, IMHO, that made you the money (through increase in number of shares and cash position) as much as your prediction about how the market will behave and then investing accordingly. You probably wrote/bought options predicting the behaviour of the market (tied in with other investment decisions like you would like to hold on to stocks long-term, etc). You are taking risks in any sorts of investment, even collars or covered calls by giving up loss in profits, if the stocks shoots up or down dramatically. Having said that, in general, 'time' will buy you money. Here's what I am considering doing : I expect the market to not drop significantly from this point on. For companies like CSCO, SUN, where I dont see much of a downside, I plan to sell puts about a month out and strike price 10-25% below the current price. For Intel and MSFT, I think there is more downside in the short term, I would probably write covered calls one month out just on the money. I might do that until June (since I expect Q2 to be bad). All bets are off for July and beyond for me at this point. Maui.

To: Amy J who wrote (131346)	3/30/2001 5:20:04 PM
From: willcousa	Read Replies (3) \| Respond to of 186894

I have made back about half my portfolio's drop writing covered calls. And I only have 3 writes open at this time. I like it because it gives a bull something constructive to do at times like these. I also like it because it has been much more lucrative than I expected. Call writing now makes me favor volitile stocks. I figure you can sell a call on intc at least once every six months and buy it in again because of the volitilty. And that is in good times or bad. Thus, I don't mind selling leaps all the way out. I am convinced I will have many cracks at buying them back.