SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Compaq

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Night Writer who wrote (12598)1/3/1998 8:45:00 PM
From: Mike Gordon  Read Replies (2) of 97611
 
Your advise to Ken Miller concerning the sale of April Calls on the CPQ 60s is right on. If an investor has specific goals (Rate of Return), the sale of calls or the sale of puts prior to the purchase of the equity will yield an incredable return. If Ken does not own CPQ, he might consider the sale of the January 98 60 puts at 4.75. If CPQ is above 60 by Jan 17, he picked up $475 per contract or, if CPQ closes under 60, he owns the stock at $55.25, (All less commissions and permissions by the broker). Not a bad return either way. This only works on stocks which show considerable promise.

Would like to hear other points of view.

Mike
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext