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

To: edamo who wrote (51108)	11/19/1999 4:30:00 PM
From: DepyDog	Read Replies (2) \| Respond to of 152472

Does anyone see any after hours movement? tia, Dep

To: edamo who wrote (51108)	11/19/1999 4:38:00 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 152472

Rosie, when you sell puts, do you sell outofmoney puts? if so, do you need to post margin? if sell barely inmoney puts, do you need to post margin? if not, and if they become outofmoney puts, do you then have to post margin? thanks, just thinking and planning would like to take some fool's money / Jim

To: edamo who wrote (51108)	11/19/1999 6:46:00 PM
From: Jimbo	Read Replies (1) \| Respond to of 152472

edamo - I am with you re: why go long at this point, if you are a trader, if you can get 30+ on a put sale? Guy on CNBC thinks the market (NAZ) will go sideways for a while. Fund managers holding a lot of profit, but don't necessarily want to take profits because of tax consequences.

To: edamo who wrote (51108)	11/19/1999 6:46:00 PM
From: waverider	Respond to of 152472

Well...like most absolute statements, yours about NEVER putting in market orders for options on a stock like Q...is in a slight need of adjustment. You make a good point, but back one day in June when we were coming back from one of our corrections it was impossible to get limit orders filled right under the ask. I tried unsuccessfully 5 times and ended up without a bigger position by day's end. I even put in a limit order at the ask. The stock was just moving too damn fast...sooo... I put in a market order the next day about an hour after the market opened...about 20 points or so higher than I could have the day before. So afterwards, when this puppy is moving fast, I've entered market orders and have had no probs with the execution or the price. Take Care, Rick

To: edamo who wrote (51108)	11/19/1999 8:54:00 PM
From: Cooters	Read Replies (1) \| Respond to of 152472

<<that is the essence of limit orders in options transactions>> While I clearly understand the limit order point of view, my experience early on in options and stock trading was to use market orders. I've backed away from the options area over the last several years(except here lately), but executed several hundred options trades per year from about 1987-1992. After missing many a trade because of unfilled limit orders that appeared to be executable, I made the switch. Only market orders for me. If they won't work in a particular environment, I don't play there. JMHO, Cooters