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

To: Dr. Id who wrote (4335)	2/27/2006 1:31:55 PM
From: Uncle Frank	Read Replies (1) \| Respond to of 5205

Hi, Jeff. I've been tracking the April 50s (aaodj). They seem like a good bet, as qcom is rebuffed every time it approaches 50/sh. But, I've held back because... Earnings are due out on Wednesday, 4/19... two days before the April options expire. The consensus earnings (.37) and revenue (1.71B) estimates are pretty wimpy considering last quarter came in at .39 and 1.74B. I still may write the April 50s, but if I do, it will be with the intention of buying them back before earnings. duf