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: Uncle Frank who wrote (693)	5/21/2001 10:38:06 AM
From: Andrew N. Cothran	Read Replies (1) \| Respond to of 5205

OT: Uncle Frank and anyone else: Do any of you know anything about TELM? It is running this morning. I can't find any news. I introduced it a week or so ago as a new topic because I wanted info but so far nothing. Appreciate any information from anyone.

To: Uncle Frank who wrote (693)	5/21/2001 11:27:30 AM
From: BDR	Read Replies (3) \| Respond to of 5205

<<What are we going to do about Junes?>> Not just for QCOM but in general. Looks like it will be harder to collect fat premiums. From today's WSJ or online at wsj.com from 5/18: Options Report: Investors Sell Options as Flat Market Looms By Kopin Tan of Dow Jones Newswire "Options volatility, already at its lowest level in some months, edged down even further amid the busy trading of Expiration Friday. But while lower volatility typically means reduced and more attractive premium for option buyers, many investors continued to sell options." "The options market's tech-sector fear gauges or Nasdaq volatility indexes also eased to their lowest levels in nearly eight months - a sign of gathering investor complacency toward tech stocks. The CBOE's Nasdaq volatility index, or VXN, fell 4.28 to 54.41. VXN has not reached this level since it closed at 54.25 on October 19 last year."

To: Uncle Frank who wrote (693)	5/21/2001 2:00:58 PM
From: cfoe	Respond to of 5205

What are we going to do about Junes? Here are my thoughts. June 70s (or lower <g>)- Aggressive June 75s - Moderate June 80s & above - Safe. I am going to see how today ends up before doing anything. May split between 75s and 80s. May do all at 75. Looking forward to what you and others think. Note - I just got to my computer today, so I haven't checked the premiums yet.