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

To: Debt Free who wrote (64799)	7/10/2002 10:12:25 PM
From: Gottfried	Respond to of 70976

Doug, [corrected] I'm an options newbie but bought some Jan '04 $20 calls on July 2. for $4.30 [as posted on the Full Disclosure thread] Today's quote finance.yahoo.com I always use Datek or Schwab for a quote just before buying. I also own some under water July calls and am sweating bullets over them. :) If you believe AMAT will prosper, the '05 $20 leaps give you plenty of discretion on when to sell. Even if AMAT hits 15 I'd still go with the $20 strike because it's cheaper. Note: these were Jan '04 calls [not '05 as I stated previously] Gottfried