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Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?

To: taylorfife who wrote (1695)	1/25/2000 10:02:00 PM
From: SecularBull	Read Replies (1) \| Respond to of 8096

I'm not sure I'd do that. Today's afterhours trading was overdone, probably. I wouldn't be surprised to see it up tomorrow, after all. I do not own QCOM, btw. LoF

To: taylorfife who wrote (1695)	1/25/2000 10:16:00 PM
From: Ritch	Read Replies (1) \| Respond to of 8096

I agree with LoF. Even if QCOM dips a little bit more tomorrow, It will probably come back to at least the 150 level short term and could still hit 170 or more by Feb Options expiration. (IMHO) I own a ton of QCOM and will not be selling a single share or option for at least a while yet. Unless you are holding Feb 200's or higher, I think you will be fine. Ritch

To: taylorfife who wrote (1695)	1/25/2000 10:31:00 PM
From: Jill	Read Replies (1) \| Respond to of 8096

It's really hard to advise, but...there may be an initial selloff and then a slight pop. I'm selling my April calls which are still profitable but getting less so! :-) but unless QCOM holds steady at 9:30, I'm not going to sell at that moment. The first half hour can often be a head-fake, whether up or down, it's not always a true indicator of sentiment. I'll just watch closely and I suggest you do the same, and if you're going to sell tomorrow, don't panic. Jill

To: taylorfife who wrote (1695)	1/26/2000 12:06:00 AM
From: Theophile	Read Replies (1) \| Respond to of 8096

Without having read the responses to your post, I can only suggest letting the market tomorrow determine your actions. I know if I were to let options with a near-term expiration accumulate and put me into a corner, I would feel a bit frantic even in a good market. I would avoid the first half-hour of trading unless some pressing need requires an immediate execution. Letting a small sample (after hours trading) determine tomorrow's actions could be painful. Q is a very solid player. Good luck. Martin Thomas