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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 (4827)	3/11/2007 7:51:32 PM
From: Mike Buckley	Read Replies (1) \| Respond to of 5205

But as far as the thread is concerned, it doesn't appear to require any moderation. Well, I can always change that. :) --Mike Buckley

To: Uncle Frank who wrote (4827)	3/13/2007 1:43:30 PM
From: im a survivor	Read Replies (2) \| Respond to of 5205

Question....all opinions welcome.... Long Term QCOM'r As QCOM has been down to flat for awhile, I have been writing CC's on my long position. I have all of my long shares covered with the April 42.50's. However, I do not want my stock called away, if the good news for qcom keeps coming. If it does, likely it will be over 42.50 and I will have my shares called. I am looking at several ways to play this now and any opinions or suggestions would be appreciated. I dont really want to buy the calls back so am looking at any strategy that will enable me to not have to buy back my calls, but not get called away if qcom is above 42.50. All suggestions and/or opinions welcome. TIA.