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Technology Stocks : Dell's Daytraders Decision Site
DELL 127.63+1.4%12:01 PM EST

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To: Albert Youssef who wrote (506)7/28/1997 11:37:00 PM
From: jbn3   of 1124
 
Albert,

I am looking at a printout of the CBOE options page on DELL:

For the August calls: the ONLY one which decreased was the AU 85, which dropped 1/4 point. Of the AU 52 1/2s to the AU 80s, only the 80 stayed the same; all the others were up. The AVERAGE increase was over 1 point. Septembers were all up, well over 1 1/4 up; Leaps were up; in fact the only DELL call options that decreased in value in today's trading were the AU 85s and the year 2000 Jan 70s. Now I don't have the trading experience some of you guys do. But isn't that just a tad unusual when the underlying stock drops 2 5/8?

Unless you have other data, that is what the CBOE has. Draw your own conclusions...

thanx, 3.
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