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Technology Stocks : Compaq
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To: Andreas who wrote (23898)4/4/1998 11:07:00 AM
From: Joseph Francis Torti  Read Replies (1) of 97611
 
Me too, Problem is I bought cpq at 29 13/16 and learned how covered call works a little too late. There is no covered calls premium worth buying now, to even get my money back or loses back (fast anyway). I am hoping the July 30 calls will go up to 2.00 then I may sell some to break even. I do not expect cpq to see $30.00 before the July 30 calls expired. I think cpq will range from 22.00 to 28.00 the next three months. Joe
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