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


To: McNabb Brothers who wrote (22889)11/24/1997 5:22:00 PM
From: Ted Jackson  Read Replies (1) | Respond to of 176387
 
Hank,

Do you ever close your position before expiration? I read your posts about selling a lot of puts, but never hear you post anything about buying them back (ie. at short term stock price lows). Just curious.

Ted



To: McNabb Brothers who wrote (22889)11/24/1997 7:37:00 PM
From: Bill Murphy  Respond to of 176387
 
Hank, Dell spent $300 mill repurchasing 9 mill shares. That is $33.33 per share. So, I guess they are exercising options right now. Question is, since they have 27 mill more shares left, what happens after that?