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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.13+1.1%Nov 26 3:59 PM EST

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To: waverider who wrote (61272)1/10/2000 2:25:00 PM
From: im a survivor  Read Replies (3) of 152472
 
TO ALL :

Help, what am I missing here.

I just looked at and bought a call for sunw.

symbol is pfuab

it is a jan $10 call

the premium was only $36....what am I missing here ??? Can I now excercise this option and buy the shares for $10 right now ??? If so, I am at a loss. Premium was $3600. If I buy the shares now at $10, it will cost me only $100 plus the premium of $3600 for a total of $4600......yet I can excersise and sell the shares for about $7700.00

what am I missing here ??
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