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Technology Stocks : Dell Technologies Inc.

DELL 122.55

+4.4%

3:59 PM EST

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To: Dell-icious who wrote (59517)	8/19/1998 12:02:00 PM
From: Eddie Kim	Read Replies (1) of 176387

>>It means that there is no way DELL is going to touch 110 before expiration. I don't see this. Explain? Essentially, anyone who sold Aug $110 calls is getting a "GET OUT OF JAIL FREE" card PLUS a bonus. Example: Last week if you sold the AUG $110 calls for $4 when DELL was trading at $107, you could buy back the calls at no loss and pocket the $4 premium.

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