SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Compaq
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tim Wash who wrote (23926)4/5/1998 4:58:00 PM
From: Gerald Drews  Read Replies (1) of 97611
 
Tim - Try this

Buy the cpq 2000 30 calls long and sell the cpq 2000 50 calls short.

At the current market cpq 30 calls are about 6.25 and cpq 50 are 2.25

You can execute this spread through your broker for about $400 per contract. You can short the cpq 50 calls using the equity in the cpq
30 calls but the broker has to execute the transaction as a spread order. You need cpq above 34 by Jan 2000 to break even and if its
50 by Jan 2000 you have a 5 bagger! $400 ==> $2000. I'm doing this
with lkpad and lkpaf shorting with lkpaj.

I use Charles Schwab to do these orders

Jerry
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News