SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Dell Technologies Inc.
DELL 122.43-8.5%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ally who wrote (34957)3/20/1998 4:21:00 PM
From: Mark Sanders  Read Replies (1) of 176387
 
Denise,

If, a week before expiration, the stock is at 64 and I've sold
the 62.5 PUTs, the premium for the PUTs may be a bit high for
you to buy them back (although it will be much lower than the
week before). I bought by MAR 62.5 PUTs back at 5/8 on
Wednesday (I had sold them, pre-split, for 4 3/8 two weeks earlier).
Today, as expected, DELL closed almost exactly at the strike
price (62 7/16). Hence, if I had not bought my PUTs back, I would
likely have been assigned the stock at 62 1/2 on Monday.

Mark
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext