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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: PAL who wrote (41805)9/18/1999 10:45:00 PM
From: Jon Koplik  Read Replies (2) | Respond to of 152472
 
Paul - you are one clever guy !

Jon (formerly employed as an options arbitrage trader on Wall Street in 1980's).



To: PAL who wrote (41805)9/19/1999 1:05:00 AM
From: Kayaker  Read Replies (2) | Respond to of 152472
 
2. 97% return in 15 months:

Paul: Not to picky, but aren't you ignoring the collateral requirement on the naked short put in the calculation of the return?



To: PAL who wrote (41805)9/19/1999 3:24:00 AM
From: Tlac  Read Replies (1) | Respond to of 152472
 
Note: some may think that 96% return in 15 months is too low ... VBG

That would be me. ;-) I vote for just buying the calls:

I expect (IMHO) the stock will be trading over $400 before Jan 01 for a greater than 300% ROIC, or ~ 182% per annum profit for 16 mo.(@ $53/sh/call).

Disclosure: Am holding ZNOAR'S (@ 34 5/8) anticipating ~ 500% ROIC, or ~ 254% per annum profit for 17 mo....<VVBG>

(And, monkeys might fly out of my...well, you know.)

Good Luck All
Kelly