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Technology Stocks : Dell Technologies Inc.
DELL 133.78-0.1%Nov 14 3:59 PM EST

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To: BGR who wrote (116010)4/10/1999 4:42:00 PM
From: edamo  Read Replies (2) of 176387
 
bgr....put it here...

us put sellers are a bit mental...but you "put" it perfectly..

go back to 2/17...max fear day...01120 dell put premium up 8 from previous day on a point by point move down with the underlying...next day stock flat, put premium down about 4....01120 now 01 60...premium never reached 2/17 value of 52(26 post splt), even with stock dropping extra 7 points over the next 5 weeks....

the traders on days like these are caught like a deer in the headlights....freeze...realize the over reaction...and normalize...

we are the bullish of the bulls...for we oft times double down on the common or deep in the money calls...for the inevitable ride up...
and worst case roll forward or own a lotta stock you like at a price lower than what it would of cost you...it's a beautiful thing...that's why bears don't rattle me...
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