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To: Lane who wrote (4432)	12/9/1997 12:10:00 AM
From: hpeace	Read Replies (2) of 4749

lane, DO NOT SELL NAKED PUTS... do a spread. you can easily close it out the dell and should close it out NOW. CPQ HAS 65 PARITY FOR DEC. WRITE THE APRIL SPREAD SELL THE 85'S AND BUY THE 60'S OR 65'S.

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