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Strategies & Market Trends : Gorilla Game Investing in the eWorld

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To: Teflon who wrote (964)	12/10/1999 12:14:00 PM
From: Ritch	Read Replies (1) of 1817

To All - If we are going to discuss options on G&K's on this thread, I would like to get some opinions on a trade I made this morning. I sold April 320 Puts on QCOM at 29 3/4. This seemed like a very safe trade with a lucrative premium. I am protected down to about 290 price on QCOM. I feel that the only way it will go that low is if something would change with the fundamental of the stock, or a total market meltdown. In either of these cases, I should get some sort of early warning to get out. Any opinions? Ritch

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