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Strategies & Market Trends : Options
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To: jazzcat2000 who wrote (505)1/2/2000 3:10:00 PM
From: The Reaper  Read Replies (2) of 8096
 
jcat- what you've just experienced is what we've been talking about. The premiums on Q! calls are gone! Before the split there was a lot of time value in the premium. That time value is gone as of the close Fri. Either we get the premium built back in on Mon. and the stock price stays stable or we get the option prices stay stable and some price comes out of QCOM common stock thus rebuilding premium that way. Time will tell.

kirby
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