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Technology Stocks : Dell Technologies Inc.
DELL 119.17+4.1%3:59 PM EST

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To: Sig who wrote (174685)4/13/2005 2:29:07 PM
From: kaka  Read Replies (2) of 176388
 
Sig,

I think the soft rule is that the equity will generally move towards the strike with the highest open interest, with generally being the operative word. Somehow, especially with dell over the years, I've managed to be short straddled at expiration right at the strike dells wind up....unlike you I hold these positions right until the last 1/2 hour on expiration friday.

IBM down 8 days in a row since company announced it would expense options. This probably has more to do with DELL down than any options manipulation, along with management saying they'll make their number for the quarter...how dare they!!

cheers,
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