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Technology Stocks : Dell Technologies Inc.

DELL 117.19

+3.5%

Jan 22 3:59 PM EST

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To: Patrick E.McDaniel who wrote (70966)	10/9/1998 11:55:00 AM
From: SecularBull	Read Replies (3) of 176387

Patrick! I made the most incredible options trade this a.m. I bought 200 contracts (20K shares) of Jan 2001 85s, and sold-covered 200 Jan 2001 90s. Now the beauty of it is that for a five dollar spread, I only paid $1! That's right, one dollar. So, if DELL goes up 100% between now and Jan 2001, my investment goes up 400%. It's a miracle, IMO, that the market maker did the deal. I thought that they would've laughed at me. Aside from a DELL bankruptcy, I don't see how it is possible for me to lose any money on this deal at worst. My $20K investment will probably be worth $100K within the next year or so, and all financed (mostly) out of the sale of the Jan 2001 90s. I'm afraid I used up all of my good karma. Should've done 500 contracts! Reagards, LoD

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