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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 177.89-2.2%3:58 PM EST

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To: Jeff Vayda who wrote (141986)4/6/2006 11:57:42 AM
From: phatbstrd  Read Replies (1) of 152472
 
Hello Jeff,

I actually don't give much credence to the "max pain" numbers, as they are wrong far more than they have been correct IMO.

As for current trading patterns, Q would have easily popped thru to 52.5-53 had yesterday's SK bs not interrupted the trading. There would have been a new round of covering.

Having said that, I am literally taking this day to day. If Q backs off to low 50's, then I will load up. The chart has been rising nicely with a real chance to get to 53-54 soon...I just don't know if it will by opt exp. That will depend on the CC and if the EU gets off its as# and reports intentions on the pos6 investigation.

Sorry if this wasn't much help...

p
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