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Technology Stocks : Dell Technologies Inc.
DELL 116.90+2.0%3:43 PM EST

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To: Michael Bakunin who wrote (117515)4/14/1999 4:05:00 PM
From: David Harker  Read Replies (2) of 176388
 
>shorting naked options, whether calls or puts, is an extremely
>good way to lose all your money.

Huh? In the case of Edamo, he is obligated to buy 8000 shares
of Dell at 60 in the year 01. That's if he choses to let it
get 'put' to him, he can roll it out, making money as he does.
He has told us many times that he only does this when he wants
to, and can afford to, buy the underlying stock.
If he chooses to buy the stock, how does that cause him to
"lose all your (his) money"? Seems he would still own all that
Dell/EMC/Intc/MSFT...
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