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.

Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Andrew N. Cothran who wrote (113878)	2/21/2002 12:51:17 PM
From: Wyätt Gwyön	Respond to of 152472

if by "covered options" you mean covered calls other than extremely deep-in-the-money calls, they are not a hedge (except in the sense of hedging upside) imho. reason being: a serious decline in equity value is only offset by the call premium, which can be small compared to the possible equity decline. rather, i would call covered calls a volatility reducer. for a long equity position, i consider puts a hedge. jmho

To: Andrew N. Cothran who wrote (113878)	2/21/2002 2:26:49 PM
From: sea_biscuit	Read Replies (1) \| Respond to of 152472

Yep, this is a scavengers' market. Get a little piece of meat here, a little piece there. And always be on the lookout for danger. Kinda like a jackal's life! Anyway it is nice to see that people are talking about the stock price and not about the thingamajig technology of QSAND that will supposedly bring in oodles of dollars in profits in the not-too-distant future. I have noticed that it generally takes a decline of 80% (and in some cases, 90%) from the all-time highs, before the technogeeks shut up. In the case of LSI, the technogeeks fell quiet after the stock declined about 83%. Here, it might take a decline of 90% to do that job...