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

To: niceguy767 who wrote (72961)	3/2/2002 2:04:36 PM
From: Elmer	Read Replies (1) \| Respond to of 275872

It really doesn't have to be so difficult for you Elmer...You did say that you bought AMD shares abnd wrote calls against them, did you not??? If yes, then reread my comment above a few dozen more times...It should sink in, even for you!!! You really have no clue do you? This isn't difficult. I bought AMD shares at $14.09 and sold March $15 CCs for a premium of $0.45. This is not an advanced concept. I own AMD shares and I am short Calls. I didn't sell the shares, I bought them. I didn't buy back the CCs, I'm short them and I didn't lose money, I'm ahead. I realize you can't understand any transaction involving black ink but imagine everything in red ink and them multiply by -1. Get someone to help you. EP