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Technology Stocks : Dell Technologies Inc.
DELL 124.16+0.1%10:49 AM EST
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To: McNabb Brothers who wrote (17610)10/3/1997 12:04:00 AM
From: Jimmy Protsenko   of 176387
 
Yes, Hank, I do understand how naked options work.
My fault though, I didn't phrase the question properly. I ment to ask if you thought Dell wouldn't trade higher than $112 by a November expiration date. Which apparently you did. Selling 110 November naked calls for what you're selling them is worth a chance. But I think the odds of ending up with money are in my favor. Let me know when you decide to buy those calls back or decide to cover.

Respectfully,
James.
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