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


To: Jack T. Pearson who wrote (18810)10/22/1997 10:15:00 AM
From: McNabb Brothers  Read Replies (1) | Respond to of 176388
 
Jack,

I really appreciate the advise, but one thing that I'm doing is selling that time value that will expire worthless! So if DELL hit $92 the other day and it rebounds 15 to 20 then you are looking at $107 to $112! I think that DELL will not hit the $112, so if it goes to $110 between now and Nov. expiration date my Nov. my naked options will expire worthless again for the third month in a row! Remember that all time value of options expire worthless and that is what I love to sell! I never buy options! Leapes every once in a while but very seldom! Good luck to you!

Hank McNabb