SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Selling Puts: Have Cash Will Travel -- Ignore unavailable to you. Want to Upgrade?


To: taxman who wrote (975)1/24/2000 2:25:00 PM
From: OX  Read Replies (1) | Respond to of 1235
 
yes. to me the poster was a little over-panicked about the whole thing. I hope he didn't bust a gut at the open (or premarket if SCH trades then). he'd be ok right now w/ that SCH short.
he clearly did not have a plan as to what to do if he got assigned.
not good.
what was it that OJ said about having a complete plan for going in and going out?! :-)

I think he violated several rules selling CC's against LEAPS.
(not including the relative merits of CC's that I hope taxman won't comment on :-)

overall a good lesson for all that choose to read, and probably a cheap one for him in the long run.



To: taxman who wrote (975)1/24/2000 2:33:00 PM
From: OX  Read Replies (1) | Respond to of 1235
 
DELL from briefing.com...

this was probably posted on the DELL thread or elsewhere already...

> * 13:24 ET Dell Computer (DELL) 42 -1 3/4: --Update-- Analyst Dan Niles of
> Robertson Stephens is saying that Dell will miss their top-line estimates
> and may miss their EPS number, rumors are circulating that the company could
> preannounce their numbers as soon as this afternoon; Niles saying that this
> largely a second-half story. Niles also rumored to be ready to upgrade Dell
> if the share price drops below $40; his current rating is long-term
> attractive. First Call mean EPS estimate is $0.21, Niles' revenue estimate
> for the quarter is $7.3 bln.