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Strategies & Market Trends : Tech Stock Options
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To: ViperChick Secret Agent 006.9 who wrote (26491)10/21/1997 6:53:00 PM
From: Sundar Rajan  Read Replies (2) of 58727
 
>> have to tell you I dont like what they did with the premium on this sucker..
I had similar experiences with COGNOS (& CYMI) when it down nearly 10, I bought out of the money calls and the stock went up 3 , my option by a 1/4. That's why i try to buy on the money options, such as Jan 70 CPQ. These are 10 now and were 8 last friday.
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