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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Robert O who wrote (48745)7/5/2001 7:19:25 PM
From: Jerome  Respond to of 70976
 
Robert... In covered calls the buyer gets exactly what he bargained for. If I buy AMAT at 53 and sell the 55's for the next month and take in $300.00, then that is what I bargained for. I never play that cudda, shudda, wodda game .

Real Life example: I bought 1000 shares of ORACLE at 15.02 a few weeks back and within a few days after earnings I sold the 17 1/2's fo .90. Where Oracle goes from here I don't care,and I'm not predicting, I made $3,400 in about 24 days on a $15,020 and I'm satisfied.

Every single months there is lots of stuff out there to buy. I'd love to get called out every month on every stock. Because then every month I would have more money to work with. Have you got or can you think of a better program than this?

I fully respect the the LTB&H types. But they and I (and a few others) have different agendas. Option players have a different agenda than those that do other financial things.

Regards, Jerome