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Technology Stocks : Dell Technologies Inc.
DELL 125.96-1.0%3:59 PM EST

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To: Jim Patterson who wrote (55932)8/4/1998 12:25:00 PM
From: SecularBull  Read Replies (1) of 176387
 
Jim, I explain it again. Are you listening?

Dell writes puts, uses the proceeds to buy mid-to-long term calls, and books a bundle when they execute the calls to buy-back stock down the road.

Simple as that.

LoD
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