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

To: Ramsey Su who wrote (7265)1/19/1998 5:28:00 PM
From: kech  Respond to of 152472
 
Qdog /Ramsey - Febr 55 closed at 15/16.



To: Ramsey Su who wrote (7265)1/19/1998 5:35:00 PM
From: qdog  Respond to of 152472
 
Did you factor in commish, + the premium lost on the buy/sell?

Let see here Buy Feb 40's at 7 3/4 and write the 50's at 2 1/4.
Stock goes to 65.

So Feb 40 will be 25 and 50's will be 15. 17 1/4 - 13 3/4 = (I hate fraction) 3 1/2 before the commish. That if you let it expire at those prices, which you better not.

Yeah that looks close.


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