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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: dennis michael patterson who wrote (13379)7/30/1998 2:34:00 AM
From: Sonki  Read Replies (2) of 42787
 
dennis, i like the idea of shorting dell 120 call ( btw: i m long those calls. what a mistake!) . shorting calls is better then stock cuz u will break even at 124 ( if prem is $4). so if the stock moves up on u . u can do a buy stop (?) at 122. and turn the stock over to the caller at 120. u still make $2.

pls. let me know how it goes. always good to learn from other people's profit. i think u r right dell will not make 120. high so far is 118. if they don't announce split <g> u r in business. if they announce split then i m in business?
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