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Technology Stocks : Dell Technologies Inc.
DELL 116.98-0.3%10:39 AM EST

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To: ViperChick Secret Agent 006.9 who wrote (8165)6/5/1997 12:43:00 PM
From: William C. Spaulding   of 176388
 
I call it like I see it... Oh man, I bought some Dell June 110 calls
today..I hope I dont get hammered on them.
I think you will almost certainly lose on your June 110 calls. The time premium will decay rapidly, since there is only 2 weeks left till expiration, and the present market jitters will prevent Dell from climbing above 110. If it does, it will happen this Friday and Monday. After that, I think there will be a gentle decline in the stock's price going into expiration, and a BIG decline in your options. Hope you didn't buy too many.
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