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

To: T L Comiskey who wrote (50925)	11/20/1999 5:02:00 PM
From: freeus	Read Replies (2) \| Respond to of 152472

Tim, dont sell covered calls on Q...but what you could do, if you have a margin account is sell puts... they are wonderful. I received $1400 for selling a put for Dec at $360. That means if Q is $360 again in Dec I get to buy that person's stock for $360 but they paid me $41 a share for that privilege. Who cares if I do have to? Not me. On the other hand if Q is over $360 in Dec, I dont buy the shares and I keep that $41 a share I received. Its the way to go, not covered calls. Freeus (thanks to Edamo who taught me about those)