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To: y2kate who wrote (1815)1/27/2000 8:04:00 PM
From: Jill  Read Replies (1) | Respond to of 8096
 
You couuld do that, but I"m curious why, then, you ever invested at all? You could simply hold an all cash account and sell puts below trading ranges and probably never get put, and collect $. But if you were an investor in QCOm and believed in their story, why would a temporary setback even if tough make you get entirely out? This is a crazy market so you have to have an underlying balance about it and your goals. I still think selling your calls and exercising your DIM leaps, then waiting out this period (see jmanvegas post on QCOM thread--I think he has a very clear view of where we're at) for 3-6 months by scalping premiums is the best approach.



To: y2kate who wrote (1815)1/27/2000 9:31:00 PM
From: SecularBull  Read Replies (1) | Respond to of 8096
 
Downside: Taxes and what if you miss the buying opportunity, because the stock doesn't go through your put strike?

LoF