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Technology Stocks : Compaq
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To: Mike Gordon who wrote (23828)4/3/1998 8:15:00 AM
From: Eddie Kim  Read Replies (1) of 97611
 
>>Lets see, 10,000 shares. May 27.5 Calls @ $1.

$10,000 for 6 weeks. (Plus difference between buy and $27.50)

Am I missing something here?<<

I would not advise you to make this trade. You loose all upside potential for CPQ. What if CPQ is trading at $30 come May? Also, factor in that $10,000 is peanut change for someone who owns 10,000 shares. Why forfeit potential profits?

-Eddie
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