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

To: Lee Penick who wrote (13156)	12/13/1997 10:31:00 AM
From: robbie	Read Replies (1) \| Respond to of 70976

<<Rob, If you like AMAT at 26, what about selling Puts at 25, and collecting the premium, and maybe picking up some at 23?>> Lee, Exactly what I will do. I sold some Jan 30 puts @ 4 7/8 Thursday for my mother. Will either pocket the premium or if the stock is put to her she will be in at 25 1/8 so she will win either way. Some people ask what if the stock falls from there. My answer is I am thrilled to be able to buy AMAT at these levels and I will not worry what the stock does next week or the week after. Best of Luck, Rob