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

To: lin luo who wrote (140104)8/20/1999 6:01:00 PM
From: larry  Respond to of 176387
 
Yep, in my post I mentioned that I will wait until next week to see whether I need to swap my Jan. 40 puts with Jan. 45 puts...I did not expect the overhang to be so heavy. This is like AOL, whose stock price ran way ahead of itself and it will take a long period of time to clear all the sellers to make new high.

Anyway, it will take DELL to go below 28 for me to lose $$ on the leap puts I wrote 9 months ago. I might just wait and let the put expire worthless.

larry


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