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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: mauser96 who wrote (27699)7/12/2000 4:26:30 PM
From: StockHawk  Read Replies (4) of 54805
 
re: QCOM >>The more I think about it, the more LEAPS appeal to me on this one...The fact that they are so expensive might indicate that either QCOM is expected to continue high volatility or that lots of folks want LEAPS for this one.<<

In poker, if you watch an opposing player very carefully, sometimes they signal whether they are holding a good hand or not. Card players call that a tell. With options, if the long term calls are expensive, that is often a tell that the market expects the stock to rise strongly in the long term. Thus expensive-looking options are often the best buy.

StockHawk
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