America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: Craig A who wrote (18753)	5/26/1999 7:09:00 PM
From: Hobie1Kenobe	Read Replies (1) of 41369

OTOTOT - DELL Craig, Hope you don't mind me throwing in my 2 cents. If you intend to keep your Dell shares because you believe they will continue to appreciate, why don't you get approved for level 1 options and sell covered calls against them. If you think it will be range bound for awhile (conventional wisdom), at least you can earn some $ on those shares. And if the stock spikes up and stays there through expiration you can get them called away at the strike price and keep the premium. There are a lot of folks on the Dell thread that have made serious $ doing just that. Covered calls are the least risky way to play options if you are so inclined. Good luck. JF3

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