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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.03+3.4%2:23 PM EST

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To: Jill who wrote (54952)12/19/1999 11:04:00 AM
From: PAL  Read Replies (4) of 152472
 
Jill:

Have been busy painting the town red this weekend: celeberating big time after the results show that the my wife's tumor is benign !!! She is the most beloved person I have ever known: when she had the surgery, her office raised money in just 5 minutes to buy her flowers, everyone rushed in: sign me in ... A beautiful expensive arrangement came to the house.

I have been like a little kid again ... Spend that money, we can get it again tomorrow... VBG

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Reading your posts show that you are among the best in selling puts. You articulate it so well, definitely much much better than me. I am impressed by your knowledge and especially your views.

Your response to Jimbo is in the line of my thinking:

Jan400 puts? What is the objective, keep the premium or just want to be assigned at a cheaper price. As we have exchnaged views on the split. S/P (strike price) 400 is vulnerable after the split. Although currently is 55 points OTM, it will be 13 3/4 after split. If one wants to buy more QCOM stocks, go ahead and sell a number of contracts to the level of round lots one wants to buy. But if the objective is to have cash flow, consider the choice between riskier, more premium for a slightly OTM and sleepless nights or a safer s/p with less premium.

I enjoy reading your posts. They are informative and benefit many readers. I learn from you as well.

Best regards

Paul

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