SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : The Critical Investing Workshop
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: crdesign who wrote (3333)2/10/2000 11:49:00 AM
From: DownSouth   of 35685
 
Tim, Jill and Poet's thread is a good place to discuss the strategy. It's really very simple. I am using it ("LEAPS Replacement Therapy") to generate cash for living expenses while maintaining positions in CSCO and QCOM.

Example:

QCOM January 2002 LEAPS at 135 strike price (XQOAG) are at $54 1/2 now.

So sell 100sh of QCOM @ $136/sh. Buy 1 contract (100 sh) of XQOAG at $54 1/2 giving you cash of $8,150. If you believe that QCOM price/sh will go up significantly between now and Jan 2002, you will make money, but will probably want to sell the QCOM LEAPS before April 2001 to avoid time decay of option premium.

Suggest you read the following book:

amazon.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News