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Strategies & Market Trends : Options
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To: RocketMan who wrote (1738)1/27/2000 4:55:00 PM
From: JustLearning  Read Replies (4) of 8096
 
Hello RocketMan:

I am new to options and just trying to get my feet wet. I have long position in QCOM and would buy some leaps to take advantage of the current drop. On 2002 leaps, would you mind providing pros/cons of buying the 120s vs the 200s. What was some of your thought process, in deciding to go for the OTM leaps. If you don't mind me asking.

I am half way though the LEAPS book by Roth. Are there other resources that you would recommend.

Thanks in advance for your thoughts and time.
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