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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: tony sidhu who wrote (31323)12/16/1997 1:33:00 PM
From: Tom Trader  Read Replies (1) | Respond to of 58727
 
>>I am looking to sell calls on AMAT also. I have the april's and will like to average down now. Do you what have price points to sell calls on?<<

Looking to sell calls at the 31 level or so -- but for me they would be naked calls. Average down on AMAT--I would wait and I don't think that I would use options to do that.



To: tony sidhu who wrote (31323)12/16/1997 1:50:00 PM
From: Jerry Olson  Respond to of 58727
 
Tony

KLIC went thru my suports with reckless abandon....blinsided....:{

Hey and I own the stock BIG, at high numbers....so I sold calls, and bought puts and did good...

Tony you can & should do the same...In fact I'll buy back the calls at some point and re sell them again...I'll do this till the cows come home or until things change...They will NOT change now...

Stay loose guy, Jerry


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