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Technology Stocks : Dell Technologies Inc.

DELL 138.58

-1.5%

3:59 PM EST

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To: Mr. Aloha who wrote (112048)	3/25/1999 12:13:00 AM
From: edamo	of 176387

mr aloha...well "put"...it's getting late! your input reinforces the premise that options should be only used as an investment tool to enhance an already healthy portfolio... puts or calls are not magical...they are useless unless you are intimate with the underlying.. the leap products give the time element to ride out any bear market.. but if the underlying has died...you still have the ability to lessen the pain and shift the risk, as in cover the losing position with a leap from a more stellar performer. i repeat my basic rules... 1)always have the capacity in cash/margin to accept the assignment 2)only sell puts in that which you want to own by not violating the above...you will maintain discipline...good luck, ed a.

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