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


To: freeus who wrote (51222)11/20/1999 7:01:00 PM
From: Ibexx  Read Replies (1) | Respond to of 152472
 
Just curious about your math: how could you've received $1400 for a contract of Dec put (strike 360)? There are 100 shares in a contract.

Ibexx



To: freeus who wrote (51222)11/20/1999 7:40:00 PM
From: Jurgen  Read Replies (2) | Respond to of 152472
 
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..
What if it goes to 200 ?
Aah, silly me - can't happen !

Jurgen