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

To: PLeaps who wrote (55321)	12/20/1999 11:03:00 PM
From: Jeffry K. Smith	Respond to of 152472

You could accept a cap on the upward potential and sell near term calls on your options - creating a "spread", or you could sell your options and create a spread at a higher price - hoping that the stock would rise to the level of the option you sell, and you would then gain on that rise. Example -(if you sold your calls) - take the money and buy January 400's, sell January 500's. If you want to keep your options, sell a higher priced option, gaining the premium, and if the stock rises to the higher level, also the price rise $. The premium you get could be spent anyway you wished. HTH, Jeff Smith

To: PLeaps who wrote (55321)	12/20/1999 11:07:00 PM
From: jmac	Respond to of 152472

If your options are in a retirement account, sell the deep-in-money calls and buy more of the less in the money calls (if you want more leverage). If your options are in a non-retirement account, you can still do this but you pay uncle Sam. But, he he only takes x%. If you think the Q is a double from here, then who cares what uncle sam gets.

To: PLeaps who wrote (55321)	12/20/1999 11:12:00 PM
From: Wyätt Gwyön	Read Replies (1) \| Respond to of 152472

Fortunately, I am sitting with deep ITM (in the money) options and would love to be able to margin them and buy more options or the common but cannot. Anyone have any ideas as to how to leverage further ? You can roll em, or you could do a bull spread and roll proceeds into more DIMs or common. If you have a lot of time left, you can roll bull spreads monthly for max premium milkage. 'pends an what ya expect.

To: PLeaps who wrote (55321)	12/20/1999 11:28:00 PM
From: Jim Willie CB	Respond to of 152472

further leverage: borrow money from gramma to buy options nice harmless segment on "60 Minutes" broadcast on Sunday night featuring Finland and cellphone usage over 90% of Finn teens have cellphones kids are frisked for cellphones as they enter school classrooms they program ringing tones for certain callers they use them to order things such as tickets, merchandise, machine sodas all purchases to be billed with phone calls (like credit card) they prefer to use cellphone rather than face-to-face talks and best of all... Finns know an average of three languages, and speak none of them / Jim