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Technology Stocks : Dell Technologies Inc.
DELL 146.68-1.7%Nov 7 9:30 AM EST

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To: PAL who wrote (81626)11/20/1998 9:01:00 PM
From: Chuzzlewit  Read Replies (2) of 176387
 
PAL: The premium can now be counted as profit on the books.

Nope! This stuff never hits the P&L. It will simply be folded into the equity section. Note that sale of puts previously had been reclassified from a liability to an equity item. I'm not sure whether the puts are marked to market or not, so I don't know what impact this will have had on equity.

TTFN,
CTC
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