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Technology Stocks : Dell Technologies Inc.

DELL 138.98

+4.0%

Dec 4 3:59 PM EST

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To: Rosemary who wrote (90504)	1/21/1999 1:07:00 PM
From: Jerry Olson	Read Replies (1) of 176387

Miss Rosemary when you have a stellar co like DELL, there is very little risk in trading this stock... so what if it sellsoff???? your gonna hold anyway, right??? so i buy these terrific dips, all the way up from 59/60 recently... my last trade was, i bought it at 66, and sold it for 82...i trade 1000 share lots all the time... another great way to OWN DELL...is to sell naked puts... example...let's say you sell the Feb or Mar 85 puts today...10 contracts...your broker would put into your acct...that premium of 5-6 to 8-9 thousand dollars...it means you just got all that money, saying that DELL will be OVER 85 in FEB or MAR... now if it's NOT over 85, you will get assigned those shares at 85 bucks, maybe, not always....meaning you will have to BUY the stock at 85...OK? so far??? but Miss Rosemary they paid you all the cash upfront...so your cost basis is less that premium...and of course you now own MORE DELL... if of course DELL's above 85....you keep all that money, and do it all over again.........:>} nice money if you have the funds to cover the stock price...

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