Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jill who wrote (56528)	12/23/1999 7:45:00 PM
From: edamo	Respond to of 152472

jill, jill, jill...me an expert? look at it in a simple way...a long call(as does a short put) equals long common.... if your common goes up would you send money to your broker to increase your cost basis? why pay for added time? you have created a tax event, which takes even more out of pocket! if you want to squeeze it call write against it..... a short put however, when you roll gives you added prem in the form of cash.... the high school i went to always taught that if at the end of the day your pocket is full, you had a good day....or you forgot to eat your salami and pepper sandwich...in that case an oil stained full pocket... beware of algerians bearing gifts on the times square shuttle...