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


To: Celso who wrote (34231)3/15/1998 3:39:00 AM
From: Jimmy Protsenko  Respond to of 176387
 
Celso,

If I were you, I would buy it all right now and forget about it. If you are thinking of getting some of the 1999 or 2000 calls, is it really insignificant whether you're paying, say, $18 or $16 for them. The volatility on such LEAPS is not as great as on shorter term options. So even if the stock drops to $55, the price of that 2000 75 call will most likely drop only a dollar or two. As for the shorter term stuff, it's way too speculative. A lot of people on this thread, including me, made some incredible money on options and lost quite a bit too. If you do get some of the May and August calls, I would get some longer term ones too. Jbn3 is a pretty knowledgeable guy in this regard, he can give some good advice.

The way I see it, Dell will be trading between $55 and $70 for the next few months. The company's May earnings report will make it clear where the whole PC industry is heading.

J.