To: jbn3 who wrote (23853 ) 12/2/1997 10:23:00 AM From: McNabb Brothers Read Replies (2) | Respond to of 176387
TO ALL ON THE DELL THREAD! Will be my only post today since I'm still away from my office! First of all, remember I'm still short naked calls on DELL and have a number of 90 and 95's for Dec.! I would say how many I have, but it seems in the past it just pisses the DIE HARD DELLHEADS off if I mention how many I have, so I'll just say that if DELL closes below $90 on Dec. 19th I will pick up right at $40,000 in option premium that I have sold! If I closed all those positions as of yesterday I would still net about $8,000! Not too bad! So I am still short DELL by the way of naked calls! I will take this bounce to roll out to Jan. options if DELL will stay up over the next two weeks! steve, thanks for the advice, but you said that I would be up if I would have done what you told me to do, but I do not know who you use for a broker, but when I figure the comm., your .50 cents that you said I would be ahead would not cover the comm. for adding the other trade on! If you know a brokerage that charges less than my Schwab 500 team please let me know whom it is! For all the DIE HARD DELLHEADS, I'm really sorry that you can not have an open mind about your investments! If you really want to know how we feel about be open look at these two post by my brother! The first was from taxikid and the second was our response to him!Message 2841304 Message 2841559 As you can see we are not cheerleaders of companies that we own! By the way we own a siziable stake in this company! Untill you DELLHEADS are able to look at things openly you will always have trouble making big money in the stock market! Sure DELL has been super good to you, but all companies have their day and now is DELL's day in the sun, but it will not last as it has been! The really big money has been made and you better not expect DELL to perform as it has this past two years! Sure I did not make a big amount in my short, but my naked calls are working just as I had hoped! And I'm taking this bounce to sell additional naked calls on a number of companies! Believe it or not, but we are always wanting everyone to make money in the stock market and the bulls and bears can both make money as we are right now! The stock is going up and the option premium on my calls are losing time value each day that goes by! Hank