Selling Puts: Have Cash Will Travel Message Board

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Strategies & Market Trends : Selling Puts: Have Cash Will Travel

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To: Jumper who wrote (1049)	1/26/2000 6:45:00 PM
From: taxman	Read Replies (1) of 1235

you are the man (or woman as the case may be)! finally someone i can talk to. congratulations on your dell puts. i've got to confess that i'm going to take a hit on dell tomorrow. a few years ago, i invested 2000 dollars in a dell call option, exercised at 6.25 per share and, now many splits later, have 3200 shares. for all i know, the guy that sold me the option could still be short dell and, even at these reduced prices, i have over 100,000 dollars worth of stock in dell. selling options, be they puts or calls, is flawed. regards

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