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Technology Stocks : Dell Technologies Inc.
DELL 127.26+3.8%3:15 PM EST
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To: tsyl who wrote (55055)7/29/1998 4:15:00 PM
From: SecularBull  Read Replies (1) of 176387
 
tsyl, please clarify. You said in one post:

I love selling the Aug 120's at 4. Dont know what stock price 4 equates to. Dell, as my may know, has been up at open past several days...best time to sell aroung 9:45. May increase your premium.

Lets hope Dells goes past 120 by third Friday in August. Bets are iffy right now - so why not do as you are doing - sell risk (calls) to someone else.

I have Sept 120's myself..hoping for 127 on or soon after earnings date.

Then you said in a later post on the same subject:

So many IF's when trading the mkt..
My reference to $127 is simply the stock price I need for my Sept 120 options to double...after doubling, I'm outta here.
With current conditions, we may not come close.Well see.

I think your posts are confusing. Are you selling August 120s calls for $4, and buying September 120s?

Please clarify.

LoD

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