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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: alanrs who wrote (5096)3/4/2011 12:13:26 AM
From: Hepps  Read Replies (1) of 5205
 
alanrs,

QCOM has me as nervous as a cat in a rocking chair factory. It seems to be making a big move up without pause- I think that big money may know something I don't(what's new?). Good luck with the May 65's, but my sense is that you may well loose the stock.

I was ready to sell Mar 55 puts earlier this week after getting called at 55 recently, but couldn't get the money I wanted. I'm going to take the rest of my QCOM and watch and wait hoping for a macro move down that takes Q with it.

Hepps
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