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Technology Stocks : DELL Thread For BULLS and BEARS! -- Ignore unavailable to you. Want to Upgrade?


To: Paul van Wijk who wrote (123)11/12/1997 12:45:00 PM
From: McNabb Brothers  Read Replies (1) | Respond to of 198
 
Paul,

I am taking the money and running! I sold 20 Dec. 90 calls today for $2 7/8! That's $5750 less about $120 in comm. for about six weeks and a 13 point buffer! I sell that time value which makes time run for me, for everyday that goes by the time premium will lose alittle more as long as DELL does not move too fast! And with a down trend in place as DELL is in now I do not expect to have to worry too much!

<Take the money and run. Time is running against you!!>

So I'll take your advise on the first part of your statement, but will have to disagree with you on the second part of your statement!

Thanks for all the help!

Hank