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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: FaultLine who started this subject5/16/2001 5:49:20 PM
From: golfinvestor  Read Replies (3) of 5205
 
Thread,

I own QCOM in a taxable account with a very low tax basis. I'm looking to sell the QCOM Jun ? cc. What strike price would you consider reasonably safe (as safe as a cc can be) from being called away? My gut feel is a strike price of 80 should hold through June's expiration, but I would appreciate the opinion of others. Nice day to be long the mighty Q!

Thanks,

Golf
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