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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: Jimbo who wrote (94531)2/3/1999 7:35:00 PM
From: Lee  Read Replies (1) of 176387
 
Jimbo,..Re:. please go to www.strikeprice.com and key in DELL,
see for yourself !


I looked and you are right because that is what it shows, but it is wrong. If you just think about it, the Feb 120 call, which is the highest strike price currently offered is only worth 3 1/4 so a further out of the money call would be worth much less. If you look at the option chain from Dreyfus, you will notice that as the calls get deeper in the money, they become increasingly more expensive.

Amex, home to the Dell options does not list a 140 strike.
amex.com

Regards,

Lee

Hope you didn't really sell one.
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