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Technology Stocks : Dell Technologies Inc.

DELL 127.22

+3.8%

Nov 24 3:59 PM EST

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To: Hugh W. who wrote (55243)	7/30/1998 11:42:00 AM
From: PAL	Read Replies (1) of 176387

Wow 22 1/2 premium on DELL Aug 110 puts. You must sold it quite well ago. No. I have Dell shares. I sold covered call August 120 at 4 and sold August 110 put at 8 1/2. If I get called on August 21st, in essence I am selling Dell at 120 + 4 + 8 1/2 (which becomes worthless), Considereing what Dell is trading right now, it is about 21 % return in 3 weeks. OTO if Dell runs past 132 1/2 in 3 weeks, I lose anything over that mark. Regards Paul

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