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Technology Stocks : Compaq
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To: Eddie Kim who wrote (26027)5/11/1998 9:07:00 PM
From: Night Writer  Read Replies (1) of 97611
 
Eddie,
Agree. Closed out a July Bull put for some small change this morning. Stepped into a strangle on the July 42.5 puts I sold two weeks ago by purchasing July 30 puts this morning. A genuine strangle!

I haven't pulled many of these off lately. Hope this one produces some good cash or a cheap buy. Might try setting up another one if Compaq gets close to 33 again. I think we might bounce between 29 something and close to 33 until goods news hits. What do you think?
NW
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