The New QUALCOMM - Coming Into Buy Range Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : The New QUALCOMM - Coming Into Buy Range

QCOM 152.50

-1.0%

Jul 17 3:59 PM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Lance Bredvold	8/1/2024 10:54:33 AM
	Read Replies (1) of 9123

The results after earnings are not what I expected. And my choice to buy back half of my $155 and $165 calls with the plan to sell further out did not work out well so far. I never sold them again and could not get a good price for such calls today. Yet the whole process I am very pleased by. Also heartened by Q3 results and the market reaction. As I've said many times, I'm most comfortable when the PE is lower and reading here that our CFO says we are on track for 50% revenue gains sounds great. I am away from my home for a week and cannot confirm that liklihood but presume it accurate. I have similar calls sold $165, 175, 190, and $210 each giving me over $2000. The $155 was called for a net of $169 and even that is fine by me as I am still overexposed in QCOM. Revocation of sales to Huawei was a fear of mine and now that it is extant, and the price has adjusted, I'm happier. Wish I'd also been more alert to sell $230 calls on the one or two days I could have gotten $25 or more, but the $210's will have to do.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next