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Strategies & Market Trends : Tech Stock Options

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To: TradeOfTheDay who wrote (56465)10/27/1998 11:29:00 AM
From: ViperChick Secret Agent 006.9  Read Replies (2) of 58727
 
just be careful of a retreat

the options i bought for the dell heads at thursdays close were at 3 7/8 and they went over 8 today..that is over 100% return in 3 days IF you had sold....you arent going to get that in Dell stock BUT you also could lose it all ...and you cant get that in dell stock either

personally I hope it tanks like a dog from here so that people who havent played options before can see what can happen to you in the options game.....some of them dont understand that dell can go up but you may lose your ass in options..and you certainly can lose that 100% gain pretty darn quick..let a rumor go around about Kumar again and Dell can tank 10% in two hours...but I hope you make some money in your pocket before then ;-)
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