Dell Technologies Inc. Message Board

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Technology Stocks : Dell Technologies Inc.

DELL 132.80

-4.2%

11:30 AM EST

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To: AmericanVoter who wrote (58069)	8/13/1998 1:39:00 PM
From: Kayaker	Read Replies (1) of 176387

I would not buy any Aug 120 calls at this point. There is a good chance Dell will not get above 122.25 (120 + 2.25) by Aug 21, so if you hold them til then, you would lose all the money you put into them. Even if Dell goes up before then, their time value (the 2.25) is diminishing rapidly. I would sit tight, watch the stock price closely and hope like hell for blowout earnings and a stock split. Then, you could sell them with a small loss or some profit between Aug 19-21. If you are buying short term options in a volatile market I would buy "in the money" calls. I have Aug 100s that I bought for 12.50. Not a great situation, but if for example, Dell is at 109.25 on Aug 21, I will only lose 1/4 of my money. JMHO

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