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Technology Stocks : Dell's Daytraders Decision Site
DELL 125.88-1.6%Dec 31 3:59 PM EST

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To: jbn3 who wrote (500)7/28/1997 1:58:00 PM
From: Albert Youssef   of 1124
 
I can tell you that for the deep-in-the-money calls (strike 55), they went down in tandem with the stock price. I know this because I sold my final calls today when Dell was down 2.5 to 79, and I sold them for 2.5 points lower than they closed on Friday. Sad, but true.

I would expect that the at the money calls are lower today as well; I sincerely doubt that the vols on those calls went up enough to offset a 2 1/2 point decline in the underlying. I'd be willing to stake an awful lot on that.
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