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

To: Walt Corey who wrote (41851)	5/13/1998 4:50:00 PM
From: Venkie	Read Replies (1) \| Respond to of 176387

If you hit the number then it will be called unless you buy them back

To: Walt Corey who wrote (41851)	5/13/1998 5:03:00 PM
From: AlanH	Read Replies (1) \| Respond to of 176387

Walt, re: option expiration/exercise. Can I wait until expiration or almost up to in order to cover. In other words, do I still have my shares until expiration, at which time they may or may not be called away? Equity options are American-style, meaning they can be called away at any time during the contract life. You should anticipate to be called (or, conversely put) once time-value has fully decayed. This generally occurs at/near expiry, although deeply in-the-money options may also be candidates. Whether and when you cover (or roll-up) depends on your motive for writing calls in the first place. Did you write to protect your DELL position, or for extra cash? [You wrote COVERED calls, right?]