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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 173.20-3.3%Nov 6 3:59 PM EST

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To: TShirtPrinter who wrote (92160)1/19/2001 6:58:05 PM
From: Uncle Frank  Read Replies (1) of 152472
 
Covered calls have been an excellent tactic over the past 10 months, Tony. I'm glad you've gotten your share of the returns. I've been too stubbornly bullish to become a writer yet, but am leaning that way. I'm going to wait until the end of earnings season and the Fed's announcement later this month (or is in early February?) before I jump in to the pool.

>> Isn't this what the books mean when they say 9 out of 10 options expire worthless?

Yup, and it explains why they can build casinos for hundreds of millions in Vegas.

>> the real "pain" may be you'll have to shake my hand again in San Diego <g>

The heck with that; I'm gonna give you a big hug <lol>.

uf
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