Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 173.21

-3.2%

3:59 PM EST

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To: Uncle Frank who wrote (92157)	1/19/2001 6:32:26 PM
From: TShirtPrinter	Read Replies (2) of 152472

Greetings Uncle Frank, You know I'm no pro here, but I've had a pretty good time selling out of the money, short term covered calls on some of my LTBH positions, if there is a pop a couple of weeks before expiration. Today's examples are QCOM 85's, NTAP's 70's, SEBL's 80's, CREE's 40's and NT's 37.50's. Only will lose the NT shares at a profit. I only mentioned the Max Pain as one more reference. The premiums equaled 1/4 of my day job's annual salary. Isn't this what the books mean when they say 9 out of 10 options expire worthless? Oh well, the real "pain" may be you'll have to shake my hand again in San Diego <g> Tony

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