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


To: OLDTRADER who wrote (164741)4/15/2001 6:47:48 PM
From: hlsjones  Read Replies (1) | Respond to of 176387
 
May 30s for a $1.00
Think of it this way. So the stock goes to 31 and you have to pay $1.50 to buy them back - but - but your net worth increased about $4.00 to $5.00 per share. If you got $1.00 and pay $1.50 to buy them back your out of pocket is $0.50.
I like paying $0.50 to gain $4.00 or $5.00. Glass half full!
Just sell the $35s to get back your whole $1.50. Glass full!
HJ



To: OLDTRADER who wrote (164741)4/16/2001 11:40:08 AM
From: kemble s. matter  Read Replies (2) | Respond to of 176387
 
Hi!!

RE: DJ Smyth-I report what I do generally which is what a few of us actually do on this thread-I am long 85550 DELL and have sold options against the position-- the May 30 for $1.00 --I think I screwed up however and sold them too early but what the hell-I know nothing about Jack Drefus-never thought they were too swift- etc-I have used charts actively since 1959 -love the incredable improvement and their disimination-All of this has helped me do well over the past six years.Best-hope this helps.

Talked yesterday to the folks on Easter...Dad says Barron's options showed that someone bought 2000 DELL contracts for Oct. 50's....Does someone know something we don't? :o) Or is Patrick back shopping again?

Best, Kemble