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


To: D. Plen who wrote (145234)10/19/1999 9:37:00 PM
From: rudedog  Respond to of 176387
 
your 4.50s might get put to you if it drops a bit more. I would not buy back now - they are at 8. Have considered selling more at 8 and use the premium to offset if I get put the 5s I have. No way it will go to 62 - but then I thought it would not get under 70. Hard to resist that premium on a stock like Intel.

Yes, you have to take the stock at 70, that's the deal. Kind of break-even for the buyer right now, and what kind of guy buys an Intel out of the money put? Somebody who thinks it will go down further. Maybe you won't get hit... but be prepared.