Compaq Message Board - Msg: 11663363

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Technology Stocks : Compaq

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To: Night Writer who wrote (69320)	10/21/1999 12:26:00 PM
From: rudedog	Read Replies (2) of 97611

NW - Finally exceeded my threshold also - but I took a different route. Nov 22.5 calls went to 1/4 (may still be there) so I bought 400 contracts. For $10,000 I secured the right to buy 40,000 shares at 22.5... we'll see if that was smart or not. I made close to $80,000 yesterday (day before really) selling Intel Jan 70 puts which went to an astonishing 8... what an amazing market. I'll probably lose my shirt on all these option plays. On the other hand if CPQ goes up even a little in November I'll have a nice Christmas bonus.

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