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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.92+0.2%12:03 PM EST

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To: Boplicity who wrote (95358)3/7/2001 5:53:46 PM
From: Art Bechhoefer  Read Replies (3) of 152472
 
Greg, the only problem might be if your brokerage firm insists that you have enough assets in your account to cover the purchase of stock at 45. I also believe that selling a put option is best done with a fairly distant expiration date in order to take advantage of the premium attached to the option.

An alternative to selling put options is to buy the actual stock on margin, but if you choose that route, it seems too risky to carry more than 20 percent of your account assets on margin (i.e., don't margin the maximum 50% allowable -- too risky).

Art
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