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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: Jenna who wrote (81498)2/2/2000 10:20:00 PM
From: Jenna   of 120523
 
QCOM Calls rose from 9 3/8 to 24...QCOM puts rose 5 points for a total gain of 19 5/8 option points. I was also ahead about 4 points on QCOM calls before earnings.. which is a total of 24 5/8 points. All this would have been a great gain had I NOT been tempted to hold QCOM calls through earnings. QCOM was a 25k gain minus the 12k loss. This could have been 25k gain instead of only a 13k gain. Just shows you what holding through earnings can mean on a high profile stock like QCOM.. never again
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