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Technology Stocks : Dell Technologies Inc.
DELL 122.55+4.4%Nov 21 9:30 AM EST
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To: Michael Bakunin who wrote (117550)4/14/1999 5:03:00 PM
From: BGR  Read Replies (3) of 176387
 
Michael,

If the stock goes down, Ed is taking less risk than one who is going long w/o using options, assuming he backs up his sales by cash. OTOH, he is accepting less return if the stock goes up. His is a lower-risk-lower-reward strategy.

-BGR.
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