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Non-Tech : CompUSA (CPU)
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To: 8bits who wrote (800)11/11/1998 12:45:00 AM
From: Bill Wexler  Read Replies (1) of 3187
 
I'd rather own the stock. By the time people figure out that CompUSA won't be going out of business and retail demand gets frothy, You'll already have missed a lot of the action (i.e. the price of the shares may zoom by the strikes - better to hold the stock and sell covered calls if the price goes up). There just isn't enough premium (IMO) in the May 15s and 20s to make it worth it. It would make much more sense to buy the cheap calls if you want to go the option route.
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