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Technology Stocks : Dell Technologies Inc.
DELL 126.41+2.8%Dec 19 3:59 PM EST

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To: SecularBull who wrote (37971)4/15/1998 4:23:00 PM
From: Dell-icious  Read Replies (5) of 176387
 
Well nobody responded to my previous post, but this is my theory
about why it went down today (and will continue to do so until
Friday):

The reason DELL is trading sideways might be due to options
expiraton. The "pain-point" seems to be between 62.5 and 65.
Payout increases sharply for a close above 70. Which leads me
to wonder if that's the reason DELL is basically trading
sideways this week (there seems to be strong resistance around
69-70). Will it break out next week after options expiration
into the mid-70s?
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