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Technology Stocks : Dell Technologies Inc.
DELL 135.90+2.9%2:20 PM EST

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To: David E. Taylor who wrote (31831)3/3/1998 6:44:00 PM
From: AlanH  Read Replies (1) of 176387
 
Re: Mar 140 Calls

The advice offered Mr Canalano (#31750) would have offered nice protection (if not, profit) today. Similar plays still exist.

IF you are correct and DELL hits 140+ by Friday/Monday, 4-6 days will have passed and the stock will approach yesterday's open. Short of a volatility miracle, DLQCH will be worth considerably less than yesterday -- even if DELL retests 144. If convinced of a rise above DELL 145, you're better off rotating into APR 150's for +$1. (Otherwise, you should liquidate or offset the position.)

Free advice with best intentions.
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