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Strategies & Market Trends : Tech Stock Options

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To: Electric who wrote (30258)	12/4/1997 11:52:00 AM
From: Kevin Walsh	Read Replies (1) of 58727

Hi E, That's exactly what I've been doing - using the gaps in this range as targets. CPQ has the most obvious trading range (to me) of the tekkies. >>>I was doing a little looking today and ran across an interesting trend within the last month with CPQ. It is trading between 66 and 60-62 very consistently. My idea is easy and maybe profitable. It looks like to me that for a few more weeks CPQ will continue in this trend barring some huge news, it is a happy camper at these levels. Why not sell calls at 66'ish and puts at 62?<<< kw.

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