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


To: Jack T. Pearson who wrote (40932)5/8/1998 12:17:00 AM
From: Ben Antanaitis  Respond to of 176387
 
Jack,

That's the $200M question! But the Max-Pain effect is a second order effect, ie it can be swamped out bu external forces like news, Greenspan, momentum waves, etc. Cramer has written about this effect and detailed some of the tactics 'the big boys' use to move the stock price up or down to suit their needs.

Ben A.



To: Jack T. Pearson who wrote (40932)5/8/1998 4:45:00 AM
From: Francis Chow  Respond to of 176387
 
<I assume the writers of naked calls will have to buy shares on the market.>

They have probably already covered, contributing to Dell's rise
in the past weeks. (I know I would have, from $65 - I'm not
that much of a gambler).