Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: eplace who wrote (80525)	5/23/2002 12:37:27 AM
From: Elmer	Respond to of 275872

Gotta hand it to Elmer. He's a better investor than most on the thread. Thanks Ed but I'm only human. I've had some real losers too but who hasn't over the last couple of years? EP

To: eplace who wrote (80525)	5/23/2002 2:37:03 AM
From: bacchus_ii	Read Replies (1) \| Respond to of 275872

Elmer is alternatively bullish (selling put) than bearish (selling CC if he had been exercise until exercise again). He make good money by selling prime, but the risk is when big move occur on the wrong side of this flip-flop (short put than short call). When he is short put, on a big down move, he may lost big money but less than those who are long shares. On big up move while he is short CC he make some money but lose a big opportunity and if the big move is down, he lose too much on the share. It's a good strategy for a side-way market but if it last too long the prime reduce a lot and the strategy get more risky. Gottfried