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Technology Stocks : Compaq

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To: Dr. David Gleitman who wrote (32979)9/15/1998 10:33:00 PM
From: Eddie Kim  Read Replies (1) of 97611
 
cboe.com
Hit "Market Quotes"

CPQ is one of the worst stocks for writing covered calls. The premiums are so low it doesn't make it worth given that CPQ could "pop" at any time. You could sell the Sept 32.5 for a quick 1/2...but that's cutting close. Of course I think this market is going down..so it might be good to sell CPQ at 32.5 on friday...if of course it gets that high.
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