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Technology Stocks : Dell Technologies Inc.

DELL 120.53

+0.7%

Jan 16 9:30 AM EST

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To: SecularBull who wrote (153323)	2/8/2000 6:26:00 PM
From: edamo	Read Replies (2) of 176387

lof...ot ot ot oh well, let me learn you...retort this! you said: "sell a put at a strike of $100 and you must maintain $33000 in unencumbered cash or margin to maintain the position" strike of $100, means if assigned you accept the 100 shares at $100 or $10000 total. so far so good, or have i lost you yet? margin requirement is 20% less the premium, with adjustment for in or out of the money...so worst case $2000 unencumbered. clear enough young man? did you use the same "new math" to calculate your 10500% return on your portfolio in forty months? you are so clueless that you don't even know it...

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