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Alias Born 02/21/2001

Re: Ben Dover post# 68

Monday, 01/28/2002 12:07:50 PM

Monday, January 28, 2002 12:07:50 PM

Post# of 569
Fantasy QCOM covered calls:

Current price of the underlying: 45.23

If we're assuming a bearish market tone, we'd sell to open the Feb 45 calls (AAOBI)with a limit order at the bid, currently: $2.00

This means that is QCOM is trading below $45 per share at February expiry, you collect $200 per contract sold, minus brokerage fees.

Let me know if you want another scenario.

Smooch!

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