SI
SI
discoversearch

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: RP Svoboda who wrote (2770)10/17/2001 9:33:38 PM
From: Dan Duchardt  Read Replies (1) | Respond to of 5205
 
Boda,

As of today's close, the MaxPain point is still solidly at 50. All else being equal, 50 is still the magnet, but all else might not be equal after today's action. If the market is stable tomorrow, I would not be surprised to see QCOM pull back to 45 to shake out the substantial number of 45 calls, and then run back to 50 to knock out those 50 puts. I also would not be surprised to see the whole thing slip lower, QCOM along with the rest.

iqauto.com

Dan



To: RP Svoboda who wrote (2770)10/17/2001 10:55:03 PM
From: Andrew N. Cothran  Read Replies (2) | Respond to of 5205
 
I see what you see but I am more comfortable with the 50's than the 45's. Yes, you stand to gain more in being short the 45's than the 50's but QCOM is deeply oversold and could rally on any kind of stimulus. Since I don't want to be called, I'll stick with my shorts on the 50's. When I resell after Friday, I will, of course, look at the 45's.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News