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To: Jill who wrote (680)1/5/2000 6:36:00 PM
From: RocketMan  Respond to of 8096
 
Very good. Slight chance you could get put--what was the premium on the 150's?
Correction to my post, I meant I sold to close the three 150 puts that I had bought when Qcom was up around 190, sold them today when Qcom dropped to the low 140s. Made 100% on them, took the profits and bought a 200 Jan 2002 leap, got it for free. I don't plan to do many more trades like that, just got lucky. I think I will just let my leaps ride now and forget the near term action.