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

To: rydad who wrote (2613)10/10/2001 11:40:30 AM
From: TShirtPrinter  Read Replies (1) | Respond to of 5205
 
Greetings rydad,

Of course you are right about the likelihood of that move, but I remember driving home (13 hrs) from Atlanta on Jan. 3, 2000 with a very sick wife and daughter. About noon I took the CD off and on comes the radio saying QCOM had jumped 100 points that day. I should have pulled over and made a call. Who would have ever thunk it? One analyst's opinion moved it in that "life" .

Be very careful naked short. IMHO

Tony



To: rydad who wrote (2613)10/10/2001 2:26:45 PM
From: DiB  Respond to of 5205
 
rydad,
I was just warning you of being careful with naked calls. As an example, I cited the possibility of an event propelling QCOM above 70 in short period of time.

JMHO.


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