Qualcomm Incorporated (QCOM) Message Board

STOCKTALK

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.

Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 175.25

+0.6%

Dec 19 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Didi who wrote (76129)	7/10/2000 3:36:47 PM
From: PAL	Read Replies (1) of 152472

Hi Di: Although I am a perma-bull on qcom and that selling put is a bullish strategy, right now, i am staying away from any option play on qcom. The main reason is that there are news coming out in the next few days: wednesday will be the announcement from Korea government; next week earnings report and more importantly how the market will react to the guidance which will be given at that time. a short term option play on qcom will be similar to a game of chance since we still don't know which direction the stock will be in the near term. While granted the stock has been oversold, hence, a bullish strategy like shorting put is desirable, however, due to the recent weakness of qualcomm, I would think that there are other stocks which are more appealing for a s/t play. best to you paul

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next