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

To: Uncle Frank who wrote (4551)	11/2/2006 6:07:57 PM
From: im a survivor	Respond to of 5205

Wow, those erts calls sure saw some huge gains......Stock is up from $53 to $57.75 after earnings were announced.....I just sold 'some' at 57.32, afterhours... but still hold a good sized amount I plan to hold... and expect those 50's - 60's nov - jan, are going to see a huge jump if it holds $57 tomorrow. heck, even if it DROPS to 50ish, those calls are still going to bring in nice profits...extreme profits if she is $55 or above...... Dont know what to make of qcom...all over the map after hours....but, I like what I have seen and heard so far...if them and NOK want to battle so be it..if the EU is going to step in, so be it.....all I know is this is a company I feel 'safe' holding and feel any 'downfalls' will be outweighed by the positives and I see the $50's as very reachable...but will still play the qcom options, calls and puts...may as well.....profit is profit.......