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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Jill who wrote (30492)10/7/1999 11:25:00 AM
From: taxman  Read Replies (1) | Respond to of 74651
 
"should write covered calls[?]"

as i stated earlier, i bought the puts. selling the call limits the upside. also potential gain from selling the call is small when weighed against the risk of losing your stock if it flies over the strike price.

good luck.

regards



To: Jill who wrote (30492)10/7/1999 2:43:00 PM
From: werefrog  Respond to of 74651
 
Jill: My take on DELL is
it will do well. If they disappoint on earnings it will be a temporary buying opportunity. But since I mostly daytrade, and I never hold through earnings, I would not make a lonterm position trade until after earnings are released. Also, puts are in order if they miss earnings, for the short term. In other words, since I don't know what they are going to do with earnings I am remaining neutral on DELL at least for now.
Have a nice day


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