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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: Shell R. Poust who wrote (10346)	4/13/1999 8:12:00 AM
From: Herm	Read Replies (1) \| Respond to of 14162

Got my book today on Leaps...in light of CPQ today, found it interesting the example Mr Roth used on page 20 and 21. The tables sure can change in a few years! Coincidence that Roth was discussing IBM and CPQ plays via LEAPs. I got a chuckle from the CPQ LEAP CALLs example since he sighted CPQ trading in June 22, 1992 at $24 which is about what it's trading at now. Of course, it has split at least 4 or 5 fives since then. :-) I will have to cover my IFMX LEAP CCs today! The stock is going to get a second wind starting today. Man! I was holding out for 1/4 and I might get squeezed today for that 1/4 point. The MMs kept raising the bid/ask on me twice!