Dell Technologies Inc. Message Board

STOCKTALK

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 122.70

+0.2%

Nov 18 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: K. M. Strickler who wrote (41764)	5/13/1998 10:44:00 AM
From: Walt Corey	Read Replies (2) of 176387

Ken, your assessment is correct on the calls. However the numbers were a little wrong. On my Aug 95's the strike price was $95, the option cost was $10+. So one could not exersize the option really until the price exceeded $105. So in that regard it's really betting that the price is not going up beyond $105, or certainly not going to that point before it dips back into the 80's. Say it dropped to $85 tomorrow, I'd buy back the call to close at say $5.00 netting out $5.00/share profit AND still keep my long position. If the options get exersized, 31% of my profits is a big chunk of change that would go to the feds. The closer it gets to $105 (at this time) the more I agree with LT that something is going to give big. I don't want to see the dam break, I'd just like to see alittle less pressure on it. Walt

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next