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Technology Stocks : Dell Technologies Inc.
DELL 115.43-1.5%Jan 23 9:30 AM EST

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To: Ian@SI who wrote (143632)10/3/1999 10:06:00 AM
From: rudedog  Read Replies (3) of 176388
 
Ian -
As I said in an earlier post, I would not sell puts if I was not comfortable owning the underlying at the strike price, and I have the capacity to take the stock if it is put to me.

I also said that selling puts if you do NOT feel comfortable taking the underlying is ill-advised. Always be able to buy your way out of the position or take the underlying...

Of course there is risk in this position, that's what the premium is about. I have bet against some bear that DELL will remain above the strike. It seems like a good bet to me, but I need to be prepared to pay up if I lose.

what if he gets an early assignment with Dell having slipped to 31
Not sure I understand this statement - the bet is for a specific price at a specific time. How do you imagine that the put buyer would be able to exercise ahead of expiry?
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