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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 137.34+0.8%Feb 6 9:30 AM EST
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To: Greg Jung who wrote (49774)11/13/1999 7:33:00 PM
From: jmac  Read Replies (1) of 152472
 
There is a lot of risk in selling puts on a stock this volatile. Better have the money to be handed the stock.

On the other hand, if you do have the money to buy the stock, shoot, you can get 14% in one month on this stock by buying the stock and selling the at-the-money calls.

Shoot, just look at November. One week left. Nov. 430 calls are selling for 7. Now, i know the stock can zoom up 100 points in the blink of an eye but it won't do that too many more weeks. Call buying is darn expensive.
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