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Technology Stocks : Dell Technologies Inc.
DELL 133.35+0.1%Nov 28 9:30 AM EST
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To: Mark Peterson CPA who wrote (91027)1/24/1999 11:57:00 AM
From: Kayaker  Read Replies (1) of 176387
 
Know another guy who sold 100 of the AMZN Feb 150 puts. Hell, the stock was pushing 200 and he figured if he had to buy the stock at 160,

I can see why some folks are tempted with many of the internet stocks. The volatility has pushed the premiums so far up, it's tempting to sell puts on some of them. But I agree with you, it can be expensive when they crash. Even on Dell, if we had a situation like last Oct 8, where Dell dropped to 41, I'd be crying when assigned on Feb 70 puts. Thanks for your note --Bob
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