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To: Dr. Id who wrote (236)	6/16/2000 3:31:00 AM
From: Didi	Respond to of 1115

Dr.Id-re: RMBS. Thanks much ;-). Hope everyone can gain from your tidbit. Any more, please? Here we go again------>active options, your news, chart, and research for RMBS: options.nasdaq-amex.com cnetinvestor.com askresearch.com biz.yahoo.com

To: Dr. Id who wrote (236)	6/16/2000 9:54:00 AM
From: edamo	Read Replies (1) \| Respond to of 1115

doc....qcom "fud"?(as in "elmer") today qcom appears firm on early strong volume...i nibbled a bit last week with 25 02200 short puts at 121...assigned cost of 79....this a.m. prior to open i was assigned on 9 contracts (900shares)...risk is clear...no different then long at 79, for a ltb+h position... i find the psychology interesting, particularly in analyst comments....in january 250(1000) was touted....many sold the farm and invested in qcom....ironically the analyst prediction was at a topping point....now the reverse occurs, and the stock sells off...perhaps a bottoming indicator? nothing has changed fundamentally....i was not a buyer at the higher levels, but below 80, it should be a good stock to inventory and sell against.....although near term it may have a perception problem

To: Dr. Id who wrote (236)	6/16/2000 12:10:00 PM
From: PAL	Read Replies (1) \| Respond to of 1115

JDB: Anyone who buys and write options with triple witching expiries (Jan, June, Sep and Dec) should be prepared for extreme volatility during the week of expiry. QCOM and RMBS are good examples. As Rose Campion posted on QCOM SP 500 thread, QCOM suffered the same volatility during previous triple witching. Now RMBS is caught in a short squeeze, started with the relationship with Toshiba. Today might be a good day to write CC for RMBS. Calmer environment will return next week even though will remain volatile for 2 more weeks due to portfolio repositioning. Have a good weekend. Paul