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Technology Stocks : Dell Technologies Inc.
DELL 133.35+0.1%Nov 28 9:30 AM EST

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To: Ted Jackson who wrote (22898)11/24/1997 5:36:00 PM
From: McNabb Brothers  Read Replies (1) of 176387
 
Ted,

I only sell naked calls! I very very seldom sell naked puts! I do cover my naked calls if I can at a 1/4 point or less if there is more than a month left in them or an 1/8 if there is more than 2 weeks left! Anything less than two weeks I will buy back for a 1/16 or 1/8 if I have something else I want to use the margin for!

Hank
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