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Technology Stocks : Dell Technologies Inc.
DELL 122.55+4.4%3:59 PM EST

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To: edamo who wrote (111936)3/24/1999 8:10:00 PM
From: Marq Spencer  Read Replies (1) of 176387
 
ed,
You wrote:
lets say i luck out stock at 65....my 221 shares now worth 14365.. my put expires worthless..so 8500 still mine...my 120 bought with the premium worth 7800..so i end with 16300...a bit better than the long with same risk..

This analysis is flawed - the put does not expire worthless. You have to take 100 shares at 85 when the current value is 65. So you have to subtract $2000, which gives you 14300 compared to 14365 - a wash.

See my earlier post Message 8505279
for a more detailed answer.

- Marq.
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