Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: surfbaron who wrote (672)	5/19/2001 11:51:31 AM
From: Uncle Frank	Respond to of 5205

>> From an options standpoint how did Friday turn out, volume, volatility etc. Since I'm just a sleepy cc writer and not an options trader, I don't track that stuff, but if it was a low volatility/volume day for stocks, derivatives would surely follow the same pattern. >> I'm looking at dipping in to June cc's on Monday before it dips. You could be right, but I'm still going to wait a bit and see if we get some upgrades. duf

To: surfbaron who wrote (672)	5/19/2001 2:25:26 PM
From: TShirtPrinter	Read Replies (1) \| Respond to of 5205

Greetings SB, I started to comment on what was really low volume on QCOM also on Friday. Without looking, volume seemed to be around 6 or 8 million shares of stock and my notes in the last hour show something like over 9500 contracts on May65's. At 3:20(approx) stock was slightly below 65 and B/A was .20/.35.Volume was 6565 contracts traded. The MM's really held the price @.20 and .25 from 7786 contracts to 9507. That was about 10 minutes before close and I gave in. <g> Now the question is what price do we start looking for on Junes and what strike. I think I'll sell some CC's on QCOM in the 75 to 85 strike on a bounce, but will defer until cfoe gives me the go ahead<g>. Thanks, Tony