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


To: Jerome who wrote (54822)10/30/2001 3:22:38 PM
From: michael97123  Respond to of 70976
 
Jerome,
Go to the LCRX thread, you interloper! <g>
regards, mike



To: Jerome who wrote (54822)10/30/2001 3:23:39 PM
From: Gottfried  Respond to of 70976
 
Jerome, take what you can easily get, a dollar at a time.

Gottfried the fearful



To: Jerome who wrote (54822)10/30/2001 3:24:51 PM
From: kdavy  Respond to of 70976
 
ST trading:

Bought 100 contracts anqau, amat jan 2002, 37.5 @ 2.55
Bought 100 contracts xiqbk, mxim feb 55, 2002 @ 3.00

currently holding suqen 100 contracts, sunw, jan 2002, 11.25

will start buying stocks if amat goes below 31, mxim below 40 and sunw below 9.40

kdavy



To: Jerome who wrote (54822)10/30/2001 3:40:36 PM
From: BWAC  Respond to of 70976
 
<Thread Question....Which would be the better choice
1) Buy LRCX $20.00 and write a covered call against it immediately and get $1.80 for the call (20...strike)...or wait until LRCX gets to 18.50 then buy it and take .90 for the covered call?>

20/1.80 protects down to $18.20 and returns 9% max.

18.50/.90 protects down to $17.60 and returns 5% if expired even or a max of 13%.

I think its better to do the trade at 18.50 and sell the call for 90 cents. As long as you are content to be a long term holder if necessary.