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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.31+1.2%10:59 AM EST

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To: Joseph G. who wrote (14543)9/3/1998 8:59:00 PM
From: Jon Koplik  Read Replies (1) of 152472
 
Joseph - not to be an a#$%^&*, but I have worked as an options arbitrage trader on Wall Street, and I do not want to let your comment go unchallenged.

If you write a covered call, you are reducing your risk. When you reduce your risk, you are reducing your return.

If you think you have found a stock and call option that violates this reduced risk therefore reduced return, you are just kidding yourself.

Jon.
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