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


To: AlanH who wrote (31912)3/3/1998 6:57:00 PM
From: Mark Catalano  Read Replies (2) | Respond to of 176387
 
Alan,

SO, you think that even if DELL re-tests 140 by Friday, the March 140 calls will not be worth as much? Do you think the March 140 calls could climb to over $6 at the bid by early next week. Or would this take something short of a miracle? Yes, you were right, puts would have been nice to offset this market volatility. However, I don't have a crystal ball and I am not good at market timing. It is hard to believe the March 140 actually hit around $10 at the bid yesterday before tanking down to today's bid of $3.875. Pretty ugly!!!

Thanks for the suggestion,

Mark