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Technology Stocks : DELL Thread For BULLS and BEARS!
DELL 162.01+0.6%Oct 31 9:30 AM EDT
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To: MonsieurGonzo who wrote (109)11/11/1997 11:17:00 PM
From: Thomas C (Hijacked)  Read Replies (4) of 198
 
You guys have any advice for me? I have some Dell Nov50 puts which are obviously quite a bit out of the money. But I bought them initially on the theory that this market is really ready to sell off big time and I knew that Dell was overvalued and would be hit that much harder in a down market.

But should I try to get out now or hold on till expiration on the possibility that another massive selloff (maybe 12% this time?) will ensue before expiration?

Thanks in Advance.

Tom
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