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

To: cfoe who wrote (1465)7/12/2001 4:44:22 PM
From: Uncle Frank  Read Replies (3) | Respond to of 5205
 
I agree that those july65s are very tempting. They closed at 1.65 by 1.75, which is juicy indeed. I've been holding off covering Q because they were so low in their range and because of my expectations for an earnings run. I'll watch them closely tomorrow.

duf



To: cfoe who wrote (1465)7/13/2001 3:23:47 AM
From: FaultLine  Read Replies (2) | Respond to of 5205
 
Just sold 10 contracts of QCOM July 65s for $1.40. One week to see if QCOM closes at or over $65. I am betting it does not.

Hello Mr. Hat Trick Dummy*,

I was looking at exactly the same thing right at closing today but couldn't get across the decision threshold. Still, maybe tomorrow...

Good luck,
--dfl

*http://www.siliconinvestor.com/readmsg.aspx?msgid=15821765 for those who don't remember.


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