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Non-Tech : The Critical Investing Workshop

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To: Dr. David Gleitman who wrote (11285)4/6/2000 12:43:00 PM
From: Dealer  Read Replies (1) of 35685
 
Hi Dr. Dave!

As Voltaire would say, "I just kicked some butt" (well, not exactly how Voltaire would say it.

I had 1000 QCOM shares sell price 140,000 with debit of 60,000 margin (no call yet + I had 7000 option buying power)I sold the stock bought 50 contracts of the July 165. Will keep until next week then sell the options and buy the stock and sell the calls. Instead of 1000 shares of stock this gives option controling 5000 shares with a delta of 44. Similar to what I did last nite, just different stock.

If I can get some rest today I will try to catch your show tonight.

Have a great day.

dealer
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