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Technology Stocks : Dell Technologies Inc.
DELL 126.42+2.8%Dec 19 9:30 AM EST

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To: nihil who wrote (75754)10/30/1998 10:54:00 AM
From: larry  Read Replies (1) of 176387
 
Nihil,

As I mentioned in my previous posts, I sold 200 contracts of DELL naked puts the day Nasdaq tested its low at 1350. And also sold about the same amount when DELL went from mid 50s to high 40s. Since then I have closed more than 3/4 of all my positions and all I have left in my account are DELL Jan. and Feb. 40 puts which I am willing to let them expire worthless.

I am considering selling some more to take advantage of the famous DELL earning rally. It looks for sure that DELL will make a new high and most likely test 75 within the next 4 weeks. After that, who knows.

good luck,
larry!
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