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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.54-1.2%3:59 PM EST

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To: y2kate who wrote (59676)1/5/2000 2:09:00 PM
From: Jeff Dickson  Read Replies (1) of 152472
 
The premiums disappeared because of the split. A 10% move now takes you through only (approx) 1/4 of the strikes, so options $30 out aren't as interesting.

The option premiums are pretty much set by their intrinsic value, although one has to be careful on thinly traded contracts with low open interest.

-jeff
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