VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Dealer who wrote (1641)	9/15/2000 5:13:42 PM
From: SE	Read Replies (3) of 65232

This is an ongoing study. I will be buying QCOM back and writing options again for OCT soon. I am going to wait for a bit of a bounce that should start early next week. No sense covering today after a down week...at least I hope there was no reason to do that. Had I covered today, I would have bought back the open options first and the re-wrote today. I think, and someone please correct me, it is better to write OCT before SEPT expiration as I believe the largest premium burn happens over this weekend just after SEPT expiration..... -SE

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