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

To: Chuzzlewit who wrote (22319)	11/20/1997 8:50:00 PM
From: Douglas A. Sevy	Read Replies (1) \| Respond to of 176387

I think I understand what you are trying to say. If I have 1000 shares of Dell, I can sell 10 calls (for example sake) for $4. If there is a 2 for 1 split and I now own 2000 shares, I can write 20 calls the following month. You're saying that I won't get $4 each for the calls but just $2? Or would it just be adjusted down somewhat from the $4? Would the following month call price also be cut in half? It seems that I should get more cash into my account if I have more shares through the split if I'm selling the options. I appreciate your time and explanations, and thanks for being kinder and gentler too! :o) Doug