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Technology Stocks : Dell Technologies Inc.
DELL 133.180.0%12:59 PM EST

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To: hpeace who wrote (23419)11/27/1997 11:51:00 AM
From: Meathead  Read Replies (2) of 176387
 
Yes, this is a better strategy... it's technically called
a bear spread. It's infinitely more safer than just writing
naked calls. Being 7000 shares short and having 80 naked
calls written against Dell is pure wild ass speculation and
very, very dangerous gambling. Heck, if you are bearish on
Dell, you can build positions through options that are just
as profitable as pure shorts and naked calls without all
the downside risk. For example, protected short sales or
synthetic puts come to mind. Why so risky Hank?

Here's my thanksgiving gift to you Hank. Go out and buy
"Options as a strategic investment" by L.G. McMillan 3d
edition. It's the best investment you'll ever make for
your type of trading. If you already have it, re-read it.

Waiting for the family to arrive....

MEATHEAD
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