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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 168.09+1.8%Nov 28 9:30 AM EST

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To: Voltaire who wrote (49788)11/13/1999 8:17:00 PM
From: jmac  Read Replies (2) of 152472
 
There is a pretty low risk trade people could take with options. Once could buy i deep in the money Dec calls and sell the at the money Dec all for about 50% of the spread. Hold the spread until december if the stock keeps going up--you double (roughly) your money. Buy back the short call if the stock suffers a one or two day severe (30-50 point) decline.

What do you think.

Right now, I added dec calls in the money calls and sold Nov calls (premium for six days was just irresistable).
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