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Non-Tech : The Critical Investing Workshop

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To: Voltaire who wrote (6270)3/7/2000 8:51:00 AM
From: Len  Read Replies (2) of 35685
 
Tom,
I am still perplexed. If you sell QCOM CC's for April 132 you get a super immediate return. But, you MUST do someting prior to expiration unless they are going to expire worthless. So, let's say the stock zooms and you get called. Then you either completely move on to something else or you buy back the stock at a higher price.

If you roll up or forward then your profit is going to be substantially less than what you have had placed in your account.

Help?!?!!!

Len
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