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: Merlo who wrote (28683)7/9/1998 1:06:00 PM
From: Night Writer  Read Replies (2) of 97611
 
Merlo,
Closing out July 32.5 puts I sold for $4.5 by buying same for $1.5 today. Retaining July 30 puts I bought as insurance because I think price will drop below 30 late next week for x day. Agree too many calls setting at 27.5, 30, and 32.5. Puts are nowhere on volume. Expect shorts to be exercising calls to cover their positions. This will force price down. Just a theory. See ya tonight.
NW
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext