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Strategies & Market Trends : Option Trades
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To: zx who wrote (765)2/26/1998 12:32:00 PM
From: Rick C.  Read Replies (1) of 2341
 
Hi AG and Scotty~ With CPQ's dip this morning I bought the Apr 35 calls at 1.25, which seemed fairly priced. It still hasn't been below its 200 dma in all these months. I hope this basing is about over. Understand that Smith Barney analysts now believe that DEC was a bargain instead of having paid too much for it. We'll see.

Rick
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