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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.19-0.6%3:59 PM EST

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To: Jill who wrote (54934)12/18/1999 11:47:00 AM
From: PAL  Read Replies (2) of 152472
 
The impact of 4:1 split on naked puts.

In accounting, a stock split has no effect, just like calling six half a dozen. But in the market it has psychological effect which more likely boost the shares even higher. Therefore most people are euphoric about that.

As a put seller, I do not like it . I scream: Do not split Dr Irwin Jacobs, do not split, well he is going to split it anyway . We will have to live with it.

Best regards

Paul
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