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Technology Stocks : VIAB (Viacom Class B shares) formerly CBS -- Ignore unavailable to you. Want to Upgrade?


To: Brewmeister who wrote (2829)10/30/1998 1:07:00 PM
From: Patrice Gigahurtz  Read Replies (1) | Respond to of 4613
 
Dan: I sold those NovCBS 30s covered calls on a bunch of CBS that I nailed at $24ish and $26ish so even if called I'd be ok. It's my larger CBS $29 1/2 position that I am leaving alone for the right moment to sell. I used to think $37 that was that 'moment' but after yesterday's CBS news I might wait around (worry, lose sleep, panic, etc.) for $42 like as I think John is looking for (?) I should note Dan that those Nov30 CBS calls are at the moment actually down 1/8th from where I sold em ($.50) even though the stock itself is up ! And there is a lot of volume (?) in those CBS $30s calls too.

Thanks