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

To: marginmike who wrote (21538)1/18/1999 7:38:00 PM
From: Jon Koplik  Read Replies (2) | Respond to of 152472
 
You know how these things work -- whatever you decide to do will be wrong.

So, maybe pretend to decide something, and then do the reverse.

Jon.



To: marginmike who wrote (21538)1/18/1999 9:40:00 PM
From: Ibexx  Read Replies (2) | Respond to of 152472
 
marginmike,

QCOM's options are very expensive due to the stock's volatility (Black Scholes equation), it was usually more profitable for me to short the puts if you bet on an uptrend in the intermediate or long-term.

I would sell the Feb 65c on Tuesday before closing.

Ibexx



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