Dell Technologies Inc. Message Board

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Technology Stocks : Dell Technologies Inc.

DELL 125.97

-1.0%

Nov 25 3:59 PM EST

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To: SecularBull who wrote (102873)	2/21/1999 10:57:00 PM
From: HoyaBob	Read Replies (2) of 176387

DELL OPTIONS: Finally bought back 10 May calls last week - made 10 percent for 3 months, which is okay. I'm happy to get the stock free and clear. I'll wait a while before selling again. What I think I learned: my greatest mistake was in selling for the premium, taking the risk that Dell would rocket from the mid 60's (remember November?) to 110 range. Yikes. Dell's recent drop has given me a chance to rectify a major pricing mistake. My 45 DLQEM's are still at about 70% of where I sold them. Only a $45,000 mistake right now. They were up to about 180 percent. Worst case, one gets called and simply misses the added profit. Live and learn.

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