How can I raise cash and buy stocks at the same time? Sell actual stocks and buy call Options?
My trades for today include:
Bought 100 shares of QCOM on a limit order I set up a long time ago.
Bought 1 Call Option on AAPL with strike price at 250
Sold 200 Shares of T (AT&T)
Net result was less cash, but I still have some reserves left to purchase. The Qualcom purchase was a surprise, but in retrospect it might be a good call if the market strarts upward. Who knows.......
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Hey man, I think QCOM options may be something to look at here. EPS have been flat for the past three years, but is expected to grow at least 15% over the next year. QCOM has rougly $9 a share in cash. Sabaka
ReplyDeleteYep, I think in retrospect that would have been a better trade with less risk. I set up that limit order a while ago. Anyways, I set up another limit order to sell at 39ish. General market uncertainty is increasing more with the addition of Korea conflict worries. What ever happened to Israel bombing Iran in Summer 2010. That would really make for a good geopolitical storm.
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