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Technology Stocks : Dell Technologies Inc.
DELL 133.180.0%Nov 28 12:59 PM EST

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To: Mark Peterson CPA who wrote (91009)1/24/1999 11:35:00 AM
From: Kayaker  Read Replies (2) of 176387
 
Selling naked puts is a sure-fire way to incinerate your investment capital. IMO, this is not an investment to carve out the put premium but a nice divorce strategy to make your portfolio go to zero.

Hi Mark; You lost me on this one. On a stock you don't wish to own, it would be a problem, but selling Dell Feb 70 puts? If I sell Dell 70 puts, I get 1-3/8 for them. The worst that could is we get a correction, I get assigned and end up with Dell shares for a net cost of 68-5/8. I don't see why you say you'll lose all your money?
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