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Technology Stocks : Dell Technologies Inc.
DELL 126.42+2.8%Dec 19 9:30 AM EST

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To: Jay who wrote (50823)7/13/1998 2:13:00 AM
From: larry  Read Replies (1) of 176387
 
Jay,

I can't give you the specific price right now. The political mess in Japan probably will some headaches on the Street and next week will be pretty tough for us.

I guess the best time to write deep in the money call is before earnings announcement. If DELL moves above 130 by August 18th, I seriously believe that we need to write August 120 or 125 calls. Option expires on August 21st, so a 120 should be safe. However, if we et stuck in the low 110s, I don't think that we need to write calls because there is sure room for price appreciation after the earnings report.

I currently still hold lots of MSFT shares. If MSFT closes above 125 by Friday, I will sell at the close. If Softie closes at below 115, I think that it can rise the following Monday. Still believe that Sofite will test 110 after the earnings report.

larry!
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