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Technology Stocks : Dell Technologies Inc.
DELL 118.81+4.9%12:24 PM EST

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To: John Meares who wrote (86946)12/25/1998 2:28:00 PM
From: PAL  Read Replies (2) of 176387
 
The downside is that at expiry (Jan 22, 2000) CSCO will close at below 100 making the call worthless and will be put at 100. However to overcome this, using Don Martini's recipe, you rollover the put by buying back Jan00 100 put and sell put of the same strike price further out.

Considering CSCO is the dominant player in its field, I doubt that CSCO will be less than 100 at expiry. Anything above 100 is just gravy.

Good Luck

Paul
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