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Strategies & Market Trends : Phil & Patrick's Picks

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To: Patrick Hebert who wrote (963)12/19/1997 3:52:00 PM
From: PHIL K.  Read Replies (2) of 1020
 
Patrick, WELLLLLLLLLL......My calls that I sold on the DELL stock seem to have worked out perfectly(DELL is going to close under $80)....(ABOUT FUCKING TIME)<g>

I bt some more DELL at 76 (500 more)..
2,500 at 78 1/4..
I like this price so far...
I will wait for DELL to zoooom up and then either sell the stock or sell calls against the stock..

My target is DELL at 90..sell Jan 85 calls at 10 or 12 pts...DELL's calls are very heavy in premium..Great for selling calls against the stock..

Have a great weekend..

Phil K.
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