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Strategies & Market Trends : Options
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To: taxman who wrote (389)12/30/1999 10:36:00 AM
From: Poet  Read Replies (3) of 8096
 
I'm going to break in to report an option daytrade on QCOM.

I watched as it was dropped from over 700 to 638 and bought 5 Jan 640 calls when QCOM was about 645. I'm hoping we pop back over 700 this afternoon and will sell them into that rally. BTW, QCOM options are good daytraders today because of the volatility. A high risk play, though.
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