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

To: Venkie who wrote (27600)	1/14/1998 9:47:00 PM
From: jim kelley	Respond to of 176387

Venkie, I missed your post earlier in the hustle bustle. The options situation is a lot more complex than the slippage in the price of a single option. MMs will use options on the put side to hedge options on the call side or possibly their short and long equity positions. They collect their fees off of the spread. So it is neccessary to look the situation with all the puts and calls as well as the short position before drawing such a conclusion. I confess, I have been doing some bear baiting today because I was bored. I also did a little s---- baiting. But they really do deserve it. Tomorrow should be interesting. DELL price action was very strong today on good volume. It just wants to move up.