SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Dell Technologies Inc.
DELL 122.70+0.2%Nov 18 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: PAL who wrote (127283)5/20/1999 12:30:00 PM
From: Ian@SI  Read Replies (1) of 176387
 
OT to Paul,

Ouch!!!

GCBRD last trade was near 18 1/2. Total volume was 10 contracts for the day. Best daily volume in the last month was 60 contracts; usually there's less than 20 contracts traded in a day.

2 problems.

I have no idea how to value Inuts; for that reason, the risk, to me, is enormous.

The lack of liquidity allows the MMs to play too many games with pricing.

Selling 10 DLQRHs puts 40K at risk less about 6K in premiums received.
Selling 2 GCBRDs puts 44K at risk less about 3.7K in premiums received.

I'd rather sell the 10 DLQRHs even if there's a slighter greater risk that I'll have to do something other than let them expire worthless.

I guess I'm chicken.

Thanks anyway,
Ian.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext