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Strategies & Market Trends : The Covered Calls for Dummies Thread -- Ignore unavailable to you. Want to Upgrade?


To: slacker711 who wrote (183)4/23/2001 1:53:09 PM
From: Uncle Frank  Read Replies (1) | Respond to of 5205
 
The buy back is re-establish my core holdings and since qcom doesn't appear to be in "bubble mode" at the moment I see it as a reasonable move.. If I'm able to refresh my stock at <60, I will be back in the same shape I was in before I wrote the April 60s, except that I'll have some extra silver in my pockets.

I'll be more deliberate with my trading position on qcom, and look to re-enter at the lower end of its range.

uf