SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : The Critical Investing Workshop

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Voltaire who wrote (5309)2/27/2000 11:59:00 AM
From: alias  Read Replies (2) of 35685
 
V,

You are correct. I went back and checked and I did confuse the two...writing v. selling. One more general question and I'll let it rest for today while I do some personal study and analysis pertaining to my own particular situation and using what I learned from you today.

I understand the principal of not buying back except under exceptional circumstances as you referenced to Q last fall. However, you indicated that the call buyers don't really want the stock. I'm having difficulty wrapping my brain around this. If Mr. Rat writes calls on his 400 shares of Qcom calls at $135 for month of April, and if on expiration or before the price goes up to say, $170, why wouldn't the buyer of those $135's want those 400 shares at $135 so he can turn around and sell them at $170? Isn't this the reason you buy calls in the first place? Granted Mr. Rat is still up $6200 and still has his original $50,000.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext