Dell Technologies Inc. Message Board

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Technology Stocks : Dell Technologies Inc.

DELL 133.59

-1.8%

3:59 PM EST

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To: Mohan Marette who wrote (72401)	10/15/1998 8:12:00 PM
From: Dell-icious	Read Replies (3) of 176387

What do people think of DELL trading action tomorrow? On one hand we have the rate-cut induced rally. Will it build upon today's advance? If so DELL could go up another 5 points. OTOH we have options expiration, and the pain point for DELL was around 55 (might go up to 57.5). So there should be pressure on DELL to close at one of these strike prices. Unfortunately I sold covered 55 calls today (before the rate cut of course), thinking DELL would not be closing above 55 tomorrow, and so now am hoping we wait until next week before moving up :) Dell-icious

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