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Strategies & Market Trends : Tech Stock Options

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To: nick stalin who wrote (27096)10/27/1997 2:43:00 PM
From: Tom Trader  Read Replies (1) of 58727
 
>>You quick opinion on call option plays....

CPQ and LU are stocks that I am looking at, but to buy calls on them at this point is straight out gambling because this is a market in free-fall and we have to see where the support is.

See how the market closes, before doing anything--not important to catch the low as much as to make sure the market stabilizes before buying calls
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