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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Geoff Nunn who wrote (135498)7/5/1999 9:03:00 PM
From: freeus  Read Replies (3) | Respond to of 176387
 
reexercise all leaps
I have four qcom leaps at 100: I'm not sure I'll have $40,000 to exercise when they come due....but its for 01 so perhaps I will: should I begin saving cash this early as I sell things? Probably not: I should probably still be turning over stocks for small profits (its an IRA so no tax consequences in that particular account but also no margin).
Please explain: selling covered calls on the stock:doesnt that defeat the purpose of having it: dont I want it free and clear?
(I often separate my stock thusly: "I have x Dell shares that are totally mine and x Dell shares in danger!!!!)
Freeus