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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: Uncle Frank who wrote (561)5/14/2001 8:53:15 PM
From: cfoe  Read Replies (1) of 5205
 
You were greedy.

I know I read somewhere that greed is good, no???

In all seriousness, my fundamental premise is that I am willing to let some of my QCOM go at $60 and above given my read of the market for the next 90-180 days. I may be wrong, but that is why I have been willing to do this.

Anyway, someone smart demonstrated to me that you could lose the stock and have an opportunity to buy it back. Oh yeah - that smart person was you. I hope my calling you smart does not mean you need to leave this thread.
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