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Strategies & Market Trends : The Options Box
QQQ 622.00+0.8%Dec 2 4:00 PM EST
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To: hivemind who wrote (5182)9/19/2000 6:20:35 PM
From: Poet   of 10876
 
Hive,

I sold QCOM and GLW calls this morning, only to go into overdrive as the Naz rallied this afternoon and we announced normal trade relations with China. I bought QCOM Jan 70, 80, and 100 calls with both fists. I also picked up some WCOM and BEAS and SEBL calls this morning.

I don't know about the butterfly, Vood, other than if QCOM makes it to 100 by 2003 expiry, I'll have made a 600% profit. <gulp> I'm trying not to look, as I'm notorious for fiddling around with my holdings.
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