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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: hpeace who wrote (15320)1/27/1998 11:40:00 PM
From: TideGlider  Respond to of 97611
 
hpeace: I waited for the bottom of the dip and bought calls and some long. *s*

I didn't want puts. I thought about it but CPQ can make bold moves and I played it safe. There were many that bought them. You have my point. It didn't drop enough for any money to be made and that upsets those that expected the easy cash.

You couldn't have been more correct in regard to the premium. Don't forget some out of money puts were also purchased to the dismay of the buyers. <G>

TG