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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: Mike Allen who wrote (128642)5/25/1999 8:00:00 PM
From: Don Martini  Read Replies (2) of 176387
 
October came early this year! My charts look like a sale on red paint, but I've switched from selling naked puts to straddles [calls covered] and thankfully notice that the short calls go down faster than the puts go up, makes a few pennies.

The technique is to pick an issue where the options return most of the price of the shares, buy the shares and sell both sides. Look at Exodus EXDS which is down to 70, sell the Dec 70 or 75 straddle for about 45 and you have a very strong potential profit in 7 months, maybe 200%. Low risk too.

Sold most of my Dell a couple months ago and haven't felt entitled to say much.

Hello Everybody, and Best Wishes!

Don
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