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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: jhs565 who wrote (1202)	6/24/2001 10:18:35 PM
From: JohnM	Read Replies (1) of 5205

I am NOT planning to sell calls on QCOM for the reasons you stated. Not exactly the response I was hoping for (g). I'm hoping someone has some bright idea as to just how I might do so. My other plan is to buy/write Qcom. If I buy enough to sell 4 Jul 55 contracts at present prices with no fear of losing the shares since they are not part of our core, I would be ahead in the neighborhood of $1300 if not exercised and $1700 if exercised. Haven't decided about this yet. But I'm close. John P. S. and thanks for the comment, PoetTrader.

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