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

To: TGPTNDR who wrote (73057)	3/3/2002 10:58:05 AM
From: bacchus_ii	Respond to of 275872

RE:"If you were short puts, though you have to decide how deep you want to go in the underlying equity and how much leverage you're willing to take on in support of your intellectual position." I was short put. Since I always evaluate my position as if I will be exercise and than AMD goes to $0.??, I was maximum exposed. Note that I made a very good harvest on this drop, mostly due to the last writing of 1/3 of my position occurred when below $9 IIRC. But I should have bought the shares there instead of selling put. My mistake. Gottfried