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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Orhan Birol who wrote (42050)	5/3/1998 10:36:00 PM
From: Sowbug	Read Replies (1) \| Respond to of 58727

Just think if you had kept on buying the next strike and liquidated the previous strike for the same amount of money!! You would have a fortune now. But if I were you, I wouldn't complain much. The advantage of holding a deep in the money call, is that if the stock stays the same you have no premium to loose. Hello Orhan, thanks. I'm in the same situation with Dell August 65 calls -- I can't believe someone sold me them for $9. They're at $22 now and BASED ON YOUR EXPERT, PROFESSIONAL INVESTMENT ADVICE I'm going to roll the money over to buy two or three times as many out-of-the money calls. Thanks again. (Just kidding about the advice part. I know I'm on my own.)