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Technology Stocks : Compaq
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To: Richie who wrote (11716)12/18/1997 5:56:00 PM
From: hpeace  Read Replies (1) of 97611
 
richie, don't plan on carrying the contracts to completion....
you will not,
and it's best to get the april contracts not jan contracts...
the confusing part is you analyzed it holding til the end..you would never do that.
after earnings in jan98..the run up would let you unwind okay.
plus if cpq ran to 62..you would sell the 50 puts and buy back the 55 puts....
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