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

To: jmac who wrote (49783)	11/13/1999 11:51:00 PM
From: Greg Jung	Read Replies (1) \| Respond to of 152472

Selling covered calls/ naked puts is fine for a stock that is guaranteed to rise, I wouldn't buy (such an overbloated) stock to sell calls unless the cost basis was lower ie the calls get sold after a long holding period and appreciation. Probably the best stock for call selling is Microsoft, good premiums but never runaway pricing, you can hold the stock without a lot of downside fear and surprise upsides can be worked off with successive rollovers. They don't let it run out of control like some stocks I know.