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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?

To: Seyda who wrote (7840)	7/7/1998 3:49:00 AM
From: Tony B	Read Replies (1) \| Respond to of 14162

>> By the way, Jan 99 options for Compaq are displayed in two different symbols (CPQ, VKZ). What is the difference between the two? << The VKZ series are Leaps that represent 250 shares/contract (due to a 2.5 to 1 split). I found out the hard way a few months back when I bought Jan 28 Calls (VKZAZ). I bought 4 @ $4.50 & was surprised to be charged $4500 + commission. Lesson learned: call your broker first when a situation like this arises. I hope this helps. Good Luck TB