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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: gdichaz who wrote (4030)	7/19/1999 7:43:00 PM
From: Will Hou	Respond to of 54805

Thanks for the encouragement! I'll look into NT but it's at most a prince to me. I did own some BAY sometime back. One thing I didn't mention in my posting about LEAPS was the volatilities. Since you are buying options, you should expect MORE risks. I assumed everybody knows that :) So the hidden line is, if QCOM drops 10%, QCOM options (call) could easily drop 30% or more depends on time premium, in/out of money etc. For 2000 leap calls, I'd be really careful. Thanks and have a great day!