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Technology Stocks : Compaq
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To: Andreas who wrote (15250)1/28/1998 1:10:00 AM
From: hpeace  Read Replies (1) of 97611
 
you gotta be kidding.
don't sell naked calls on cpq.
if you just have to do it.
then sell the 32.5 calls and buy the 35 calls.
buy the 35 calls on a retreat then wait for rally and sell the 32.5.
then your margin is only 2.5 per share and you may get lucky and the trade creates all the margin you need
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