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Strategies & Market Trends : Selling Puts: Have Cash Will Travel -- Ignore unavailable to you. Want to Upgrade?

To: taxman who wrote (1053)	1/26/2000 7:10:00 PM
From: OX	Respond to of 1235

that's what I thot you'd say and I agree... I don't follow DELL closely, but I would have no qualms holding it thru this very minor bump in the road. so I don't see how this is any different than if I sold DELL Feb40P short today (I have no NP on DELL) it would have the same downside risk, but if DELL takes off skyward, I would be limited in my gain, but that's ok, that's the predetermined decision I made before stepping into this trade. really no different than if I bot in afterhours and sold in a few days (or whenever) when it got back up towards resistance (whereever that is) for a trade. It's just a different way to skin the cat... If you'd sold puts (or calls) on DELL over the last year, you probably made more $$ than if you just held it. --- actually, I could cover and rewrite, but that's another story