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Technology Stocks : Dell Technologies Inc.
DELL 133.180.0%12:59 PM EST

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To: Chuzzlewit who wrote (147623)11/18/1999 10:57:00 AM
From: edamo  Read Replies (2) of 176387
 
chuzz.....re: dell puts..

concur this is the best strategy for dell, based on its performance this year...i sold earlier in the year 115 contracts of 01 55 and 60...cost if put to me 34.........received 285k premium with stock at 41.25........to buy back now would cost 215.......so nine month profit of 70k or about 6 points average per contract......dell stock didn't help......time erosion did!
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