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


To: Jon Koplik who wrote (134754)7/16/2004 1:57:30 PM
From: rkral  Respond to of 152472
 
Jon, re "$70 seems like the correct, "real" price lately (to me)"

*IF* the open interest for QCOM Jul options is not stale (on the CBOE site) ... option writers (the pros) stand to pocket more money if QCOM common declines towards $65.

So then .. re options .. how do "cheaters" profit by driving QCOM towards $70 .. as you originally suggested?

Ron