SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Ben Antanaitis who wrote (40927)5/7/1998 11:52:00 PM
From: Jim McMannis  Read Replies (1) | Respond to of 176387
 
Ben,
Your analysis is most fascinating. Can you do it on an index like the XAU?
Jim



To: Ben Antanaitis who wrote (40927)5/8/1998 12:07:00 AM
From: Jack T. Pearson  Read Replies (2) | Respond to of 176387
 
Given that there will be a large number of options that must be delivered next Friday, it would be very interesting to know how many were written as naked calls. I assume the writers of naked calls will have to buy shares on the market. Could that result in a big price rise next week? The only way that I can see they could get the price down would be to sell--highly risky. I suppose they could roll the options over to a later month--also risky.



To: Ben Antanaitis who wrote (40927)5/8/1998 9:58:00 AM
From: Boplicity  Read Replies (2) | Respond to of 176387
 
Ben , Thanks, Great link! Is there a way to enter other stocks other then the ones in the table?

Thanks again,

Greg



To: Ben Antanaitis who wrote (40927)5/8/1998 11:12:00 AM
From: jbn3  Read Replies (3) | Respond to of 176387
 
Ben,

Nice site. I've bookmarked it, thanks. JFWIW: There is always pain on options expiration this close to DELL earnings. (As far as huge transfers of wealth, one only needs to read the thread and identify the major bears for the past couple of years -- one does have to go back and read the thread, though, because none of them are posting now -- probably unable to pay their monthly ISP fees <g>)

Haven't had time yet to evaluate the data completely. If the MaxPain point is 65, and I am certain that we are not going to get there (barring a total market meltdown), what is the maximum pain point on the price curve from 85 to 95?

Thanx again, 3.



To: Ben Antanaitis who wrote (40927)5/8/1998 12:05:00 PM
From: jbn3  Read Replies (1) | Respond to of 176387
 
re The total value of all the MAY options at today's 86 5/8 is huge. Looks like big pressure may come from the options writers to try to lower the price.

How might the options writers go about exerting pressure to lower the price? I came up with the following possibilities:

1) Go to the various investment forums (like this one) and attempt to sow FUD (Fear, Uncertainty, Doubt). IMO, difficult to do on a thread as knowledgeable as this one.

2) Start rumors on the street. Investors are getting better at discerning rumor from fact, but it may be able to effect a minor dip

3) Try to place 'negative' opinion articles in widely-read investing publications. Knowledgeable investors are becoming much more capable of recognizing opinion from fact

4) Massive short selling at market. Very dangerous, especially in pre-earnings time frame. Could very well end up in compounding losses, and would require significant amounts of margin. Considering DELL's float and number of daily traded shares, might be very difficult to accomplish.

Any other ideas?

3 (PS -- trying to buy 400 more today)




To: Ben Antanaitis who wrote (40927)5/8/1998 8:29:00 PM
From: Sundar Rajan  Read Replies (1) | Respond to of 176387
 
>>Sundar,

It looks like there is going to be a huge shifting of wealth or shares of DELL next Friday when the MAY'98 options expire. I just updated the Max-Pain MAY'98 DELL Options Analysis, and the analysis shows the closing DELL price for the maximum number of worthless DELL options is $65.
>>
I m really tempted to buy some puts especially after Dell's huge 5 point run-up today..