Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: McNabb Brothers who wrote (23809)	12/1/1997 9:50:00 PM
From: hpeace	Respond to of 176388

hank, I alreeady know that...he doesn't need to correct the post. but, it's what gets me about some people. Had I done that, Mensa engrs. couldn't figure out that it was just a typo<gg> But, I agree...the naked puts were a mistake<ggggggg> You'll should have bot the dec 95 calls when dell retreated and then on rally sold the calls... the position of a step in spread of buying the dec 95 calls and then on rallt selling the dec 90 calls would make you a winner now and that's when the postion goes againt you. Plus you margin would be absolutely zero becasue you sold the call for 3.5 and only paid .875 for the calls so, you margin is (95-90)* .25 and you got more than that for the position so no margin. See mcmillan page 167 "Options A stategic Investment" Good luck