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 133.20

+5.7%

Nov 26 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Maxer who wrote (44203)	5/21/1998 8:44:00 PM
From: Meathead	Read Replies (2) of 176387

If you owned a Nov 55 put, you would have the right to sell Dell stock at 55/shr in Nov of 98. Doesn't sound like a good deal does it? Today you can sell it for 87. In November, it's likely you'll be able to sell the stock for above today's 87... extremely likely you'll be able to sell it for above 55. If you buy that put, odds are your are paying for something worthless. There is a small chance it could become worth something if the stock tanked and traded below 55 however but the odds are slim. The seller of these options (Dell or whoever) just received about 5million dollars for selling something worthless. The seller believes the stock will be above 55 in Nov. This is money in the bank.... this free money could be used by Dell to buy back stock if it was them who sold. MEATHEAD

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next