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Technology Stocks : Dell Technologies Inc.

DELL 119.41

-2.7%

Nov 19 3:59 PM EST

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To: PAL who wrote (127354)	5/20/1999 3:01:00 PM
From: freeus	Read Replies (1) of 176387

OT but read on of you are interested in options. Today the light bulb went on for me!!!!! I put in a limit order to buy 400 shares of qwst at 89. Then Bob Craig suggested on S.I. that I sell puts instead. I canceled my limit order (which obviously had not yet filled) and instead sold 4 contracts for June 85. I got a total of $1600. Now: I dont have the qwst shares that is true. However, should qwst fall to 85, or post split 42.50 I will be assigned the shares (we are talking about third week in June). I will have them at less than my limit order. If that does not happen, I sell again for a higher price for the next month available. Income Plus if I buy the shares at all its at a lower price. So if the stock prices fall, I'm not moaning and groaning. I like it. The only problem is if the stock flies...and frankly I dont think anything is flying right now, not on a regular basis anyway...step ahead, step back, etc. Freeus

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