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Strategies & Market Trends : Options
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To: Poet who wrote (2021)2/1/2000 9:13:00 AM
From: edamo  Read Replies (1) of 8096
 
poet...qcom cc's this am

look at a slow stochastic....looks like the lines have crossed...favorable market the stock may regain momentum, may want to reconsider the call write...probability of up more then down short term.....wild card is the perception of the fed....market looking for reason to rally strong and long....negatives pulling it back...but for how long?

i'm considering either going long qcom at this level or selling feb130 puts...at yesterday close they yield 7.7%
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