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


To: Elmer who wrote (72991)3/2/2002 8:38:00 PM
From: Bill JacksonRead Replies (1) | Respond to of 275872
 
Elmer, If 80% expire worthless there must be some leveraged gain you make. 45 cents on $15 done again and again is a good thing and if you have the underlying stock it is hard to lose in a market with rising expectations for AMD, but not too hotly rising/.

Bill



To: Elmer who wrote (72991)3/2/2002 8:40:30 PM
From: niceguy767Read Replies (1) | Respond to of 275872
 
Elmer:

"If you want to call it a paper profit then I have no problem with that, money is paper too isn't it?"

Elmer, you are sooooo wacko, and you don't even know it!!!



To: Elmer who wrote (72991)3/2/2002 8:49:39 PM
From: niceguy767Read Replies (1) | Respond to of 275872
 
Elmer;

"I already stated that my preferred outcome is that AMD does not stay above $15. I would prefer the options expire worthless. I'd like to keep selling CCs to people like NiceGuy who will buy them. You know they say 80% of all options expire worthless. If the buyers are losing money who do you think is making it?

Why not just watch how it plays out?"

No need to watch it, is there Elmer??? The way you've been carrying on, the money's already in the bank...hehehe...it's a given...Even if you don't close out the trade and AMD goes to $10 over the next 3 weeks, you've still profited, in your own mind anyway...Vaseline has nothing on you Elmer!!!Jim Baker material, methinks!!!