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

To: jmac who wrote (65167)1/29/2000 12:47:00 PM
From: sam  Read Replies (1) | Respond to of 152472
 
I've missed many bottoms cause I've thought the stocks had more downside...or would be stuck for some time. I've silently thought those buying at that time were gonna be in for some bad news. And I've wanted to be safe. That "safety net" has usually cost me 20 to 30 points.



To: jmac who wrote (65167)1/29/2000 1:16:00 PM
From: 16yearcycle  Respond to of 152472
 
If I understand you correctly, ie, that selling 140 calls NOW is a tactical mistake, I agree. I have a lot of Qcom. The math is that I can sell 5000 140 contracts, and if Q never gets to 140 on expiry, the gain on those will not even cover the cost of an 8 dollar q drop.

There is no point now, really, imo.



To: jmac who wrote (65167)1/29/2000 1:27:00 PM
From: Jill  Read Replies (1) | Respond to of 152472
 
Each to his own. I've never lost on options yet.


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