Replies to post #19691 on Advanced Micro Devices Inc (AMD)

[I_banker]

Elmer,

I believe an in the money CC would affect the holding period requirement in a long-term/short -term capital gain analysis. If this is not a consideration, then your suggested strategy is sound. On top of which, you get to pocket the time value premium, which given the recent volatility in the stock is a nice piece of change.