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

To: MileHigh who wrote (49658)	11/12/1999 10:48:00 PM
From: LLCF	Respond to of 152472

<Are you advocating writing some calls after the big run? > No, I'm just saying that if this stock starts 'whipping around' for a while the premiums in the market may be worth writing at some price. The premium levels [measured in Vol, or annual SD] have already increased from about 56 a week ago to 65 two days ago and closed around 75 today!!! Get the stock to collapse 100 points and we'll go even higher [Vol] and putting new money to work with a buywrite or outright selling puts could be very lucrative. Up to this point Q's premium level has been much lower than the actual Vol of the stock... hence a buy. DAK FWIW, some think exploding premium portends a top of some sort.