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Technology Stocks : Compaq
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To: Elwood P. Dowd who wrote (48800)2/18/1999 4:56:00 PM
From: Night Writer  Read Replies (1) of 97611
 
El,
Just checked ot Max Pain graph. Max pain for CPQ is $45. This appears to leave just about all CPQ calls sold worthless. Appears total calls are worth about $200,000,000, and puts about $50,000,000. IMHO Based on this, CPQ might not have a lot of option pressure tomorrow. Not a lot of option buyers exercising and selling.
NW
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