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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (161063)2/14/2003 2:35:01 PM
From: TimF  Respond to of 1574637
 
Rally's or folds? I don't know. I don't daytrade or think that I can tell anything about the market intraday.

Out of the market? I never have been out. I did sell covered calls against my AMD position but after seeing them go against me (when AMD went up) I held on and AMD came back down. I bought back the calls for a small profit (paid less to buy them back then I got when I sold them), but should have held on a little longer when I could have bought them back for less.

Now I am long AMD and there is no short calls against that position. I have an order in to buy some more at $4.50. If we rally strongly I might sell calls again.

Tim