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


To: alanrs who wrote (94907)3/1/2001 1:13:24 AM
From: Uncle Frank  Respond to of 152472
 
Thanks for the input on money supply, Alan. It's encouraging to see the Fed is using both levers to try to turn the ship before it runs aground.

I thought OTM cc premiums for this cycle looked reasonable considering there are only 12 market sessions left until expiry. Perhaps the dollar amounts seem small because the underlying is trading at levels we aren't yet accustomed to. Try looking at percentage returns. As an example, qcom March 60's (aaocl) are bid at 2 3/4 with the underlying at 54 13/16; that's a 5.0% premium, or 14.5% if you get called in 2 1/2 weeks.

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