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Technology Stocks : Compaq
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To: Night Writer who wrote (74419)12/22/1999 12:56:00 PM
From: MeDroogies  Read Replies (1) of 97611
 
With CPQ down 1/2, my options should be off 1/8 (typically that is how the #'s have rolled out).
Considering that....why have my options, which are trading pretty heavily, not lost any value? This is an extremely bullish sign. 28 is definitely a # that has been assimilated. I expect that resistance may occur at higher levels once buying returns....but 28 should be brushed aside once it starts again.
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