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Technology Stocks : Dell Technologies Inc.
DELL 122.70+0.2%3:59 PM EST

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To: Tom K. who wrote (129770)5/28/1999 9:43:00 PM
From: taxman  Read Replies (1) of 176387
 
"no [upside] forfeit"

as the stock accelerates on the upside, the rate of absolute point decline in the put decelerates. as you keep rolling into a higher strike, you have more risk on the downside (assuming an equal number of contracts). that you do this on an issue you don't mind owning doesn't eliminate risk of a price decline.

regards
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