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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!
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To: Johndee who wrote (8829)10/14/1998 12:10:00 PM
From: Senator949  Read Replies (2) of 14162
 
I'm long on CPQ and think the 23-25 range is the bottom, unless they go and do something stupid with their cash and buy someone else out creating another 6-9 months of uncertainty.

I'm pretty conservative and have definite buy/sell points for CPQ. I buy ZKP leaps when CPQ goes below 27 (got some at 15.25 and some more at 13.375) and I won't write CC's unless it goes over 32. Obviously I haven't had any income off my CPQ shares/leaps since Aug. but did real well in June, July and August using W.I.N.S.

Robin
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