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Technology Stocks : C-Cube
CUBE 37.05-0.5%3:23 PM EST
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To: Patrice Gigahurtz who wrote (24811)11/5/1997 8:08:00 AM
From: coopie  Read Replies (2) of 50808
 
Hi Patrice, Just MHO - buy back the Nov. 25 calls or kiss your CUBE goodbye (I do like the Feb. 35 puts sale - big risk for big reward). Selling the covered calls worked great during the drop in price from 70 to <20, however some folks think that CUBE is on an upward track currently, and selling the covered calls that close to (or in) the money will sooner or later (prob. sooner) make one CUBE-less. Whatever you end up doing - Good Luck.
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