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Technology Stocks : Compaq
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To: Cheap who wrote (28900)7/13/1998 1:50:00 PM
From: Night Writer  Read Replies (1) of 97611
 
Cheap,
Hang on for the roller coaster ride. Price might gap down on an opening passing your stop loss. It is dangerous to sell covered calls, because it could rise right though your strike price on an upward surge. Best bet is to purchase cheap put options to protect your stock value before earnings are announced..

I'm not doing this because I am long and greedy.
NW
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