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Re: wbmw post# 2614

Sunday, 04/20/2003 4:10:32 PM

Sunday, April 20, 2003 4:10:32 PM

Post# of 97772
wbmw -

I plan to sell my shares as soon as the initial Opteron news passes, because there is little chance that AMD will be able to ramp the product for revenue before more bad news floats this way.

I suggest you consider selling in the money (ITM) CCs. For example you can get ~$3.10 for a May $5 call. If you get called away then fine, you got your money plus a little extra. If AMD drops you are protected to below $5.

You could even get ~$0.90 for a May $7.50. Do the math...

The Junes will open Monday morning and will offer still more opportunities...




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