SI
SI
discoversearch

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


To: DM who wrote (3136)2/17/2000 6:51:00 PM
From: Poet  Read Replies (1) | Respond to of 8096
 
Hi DM,

I had bought some QCOM Feb 120 calls when QCOM was in the mid 130's. I paid $20 per contract at the time. The the premium really eroded. I didn't want to sell them all at a loss (I'd bought them for a trade), so I exercised half the contracts on Wednesday to provide myself with enough margin to exercise the other half tomorrow. I'll probably write calls on these "extra" shares until I get called out.

Does this make sense?