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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.54-1.2%Nov 13 3:59 PM EST
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To: Wyätt Gwyön who wrote (64742)1/27/2000 1:54:00 PM
From: Kayaker  Read Replies (1) of 152472
 
what is "$5«"?

I sold some for $5 and some for $5«. I get your point about selling calls one month at a time, i.e., the quick decay. But, for example, you can only get about $1 for the Feb 160s right now. Do that each month til July and you make about $6 total. But that's way too risky for me. China and/or NOK and/or AT&T news could happen at any time, in which case the stock price would blow right past you. Am willing to sell at 250, but not 160. Good discussion. Thanks.
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