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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: FaultLine who wrote (1722)	8/1/2001 12:10:14 PM
From: Boa Babe	Read Replies (2) of 5205

OK, that does it...."shorts on fire" got my attention. I want to write August QCOM calls, but I'm wondering if there's a lot of upside between now and the 17th. Q's earnings are already out but CSCO is due soon. Anyone have any thoughts on whether or not CSCO could pull everyone up? I feel the need to get over my love affair with QCOM so if I get called out that may be one way to do it. I'm above water on them in one account so I'd do it there, except it's taxable...hope you don't mind me thinking while I'm typing...wayyyy underwater in the IRA. Any thoughts would be appreciated. I've been messing with calls, buying and writing, for about three years on and off and am ahead overall, but not by a lot.

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