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

To: Greg Jung who wrote (49774)	11/13/1999 7:33:00 PM
From: jmac	Read Replies (1) \| Respond to of 152472

There is a lot of risk in selling puts on a stock this volatile. Better have the money to be handed the stock. On the other hand, if you do have the money to buy the stock, shoot, you can get 14% in one month on this stock by buying the stock and selling the at-the-money calls. Shoot, just look at November. One week left. Nov. 430 calls are selling for 7. Now, i know the stock can zoom up 100 points in the blink of an eye but it won't do that too many more weeks. Call buying is darn expensive.