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

To: K. M. Strickler who wrote (36611)	4/3/1998 8:41:00 PM
From: James Fink	Read Replies (1) \| Respond to of 176387

<<Do you get $ or spend $ for your position?>> You get the sales proceeds in your account as a credit and earn interest. I now have $136,000 CASH in my account (2,000 times $68 per share)! <<Do you want the stock to go up or down to make $?>> I want the stock to go DOWN. <<Do you sell your position before expiration?>> You don't sell the position, you buy it back! Options expiration is totally irrelevant. One of the benefits of selling short instead of buying puts is that there is no time constraint, i.e., no expiration to worry about.