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

To: Claude who wrote (57455)	12/14/2001 5:20:42 PM
From: Sampat Saraf	Respond to of 70976

OT - Claude, I come from India but from North India (see, the dropped 'h' from spelling of my name!). Good Luck on your options ventures. I was once holding ASYT stock and had written the covered calls. That time the Y2k Euporia caused ASYT to quadruple but the calls got much more expensive than what I got by selling them. Finally, I had to close the position as suggested by Alistar. However, I did not profit as much as I would have had I held just the stocks. However, if I had not closed the position before the expiry, I may have had negative returns because the NASDAQ bubble had burst by then.