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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Nancy who wrote (15694)12/17/1997 6:26:00 PM
From: Tom Trader  Read Replies (1) | Respond to of 50167
 
>>Have you bought protective puts on CPQ on its spike to 59ish for potential long ? the spike lasted probably 3 minutes.<<

Hi Nancy --I bought puts on CPQ (strike 50) and ALTR (strike 30) -- I did not catch the spike but it hung around the 57-58 level for long enough for me to accomplish my objective.

Am now ready to buy the stock on both these and AMAT as it reaches my initial buy point.

Will sell naked Jan calls on all three this week if I get a chance.