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Technology Stocks : Compaq
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To: hpeace who wrote (15349)1/28/1998 12:11:00 PM
From: Andreas  Read Replies (1) of 97611
 
To hpeace:

Thanks for the response. But you misinterpreted what I was trying to say. In my post yesterday I was lamenting the fact that cpq kept hitting 30/shr and wouldn't break through. So as a facetious jesture I stated that maybe (in light of the fact that cpq can't seem to break 30) I should sell the april 32.5s (covered by the way since I'm long on cpq). With tongue in cheek I was saying that since cpq can't or won't break 30 I may as well sell some covered calls with a strike price above 30.

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