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Technology Stocks : Check Point Software (CHKP) -- Ignore unavailable to you. Want to Upgrade?

To: Guy Peter Cordaro who wrote (4272)7/31/1999 9:09:00 PM
From: amoezzi  Respond to of 7150
 
This looks to be a sound strategy. I have bought the stock also
at 32 and may follow your option action.
good luck to all longs.




To: Guy Peter Cordaro who wrote (4272)8/1/1999 11:17:00 AM
From: Mike K  Respond to of 7150
 
Guy; Looks like a good strategy to me! I have been shorting Oct 30, 35, 40 & 50 puts over the last couple of months. Expect to roll out to January's soon. This strategy with a stock like CHKP has worked well for me. Long at $27.

Cheers,

Mike



To: Guy Peter Cordaro who wrote (4272)8/1/1999 12:57:00 PM
From: Carmine Cammarosano  Read Replies (1) | Respond to of 7150
 
Closing your puts, breaks up your hedged position, why do want to do that? Assuming you don't feel CHKP is going back to $35, then I would keep both the puts and calls open...


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