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Technology Stocks : Compaq

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To: rupert1 who wrote (43475)1/13/1999 6:47:00 PM
From: Richie  Read Replies (1) of 97611
 
Victor,

Quit a spread on CPQ today too!
A little less than 42 to a little over 47......
all-in-all not to bad a day for CPQ.

I tried to buy some February 45 calls this morning when CPQ was around 42....but the spread was 1.5 a contract....OUTRAGEOUS!
So, I place an order in the spread, and it was never filled.....
I'm used to 1/4 spread, but.....I assumed that the BID/ASK couldn't keep up with the last trades.
Oh well, options are hard to buy and sell on volatile days.
Tomorrow is another day.

Have a nice evening.....oh, guess it's late over there, sleep well!

RichieH
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