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

To: Raiders who wrote (43619)	5/19/1998 9:13:00 PM
From: Gan	Respond to of 176387

RE : Najib Good Job !! I like your post for Najib(The looser). Thank you very much...:)

To: Raiders who wrote (43619)	5/19/1998 9:20:00 PM
From: Raiders	Read Replies (1) \| Respond to of 176387

Futures have recovered on CBOE and seems like the Asian market may turn in a good performance. I think DELL should take a breather here and may head lower tomorrow is that bad? I really don't think so the stock needs some basing before it will make its next move. I personally think the stock will trade in the range of $88 - $96. The option premiums are so out of whack that if you buy out of the money puts or even in the money puts you will be making maybe 30 cents to a dollar move in the stock So DELL 90 put for June is trading 4 5/8 - 5 and the June 95 put is trading 6 3/4 - 7 1/4 so to make $2 Dell has to drop more than $5. This also include earnings premium which is built into the option which will be evaporating tomorrow. So buying either DELL call or put would not be the right thing to do. So all the people screaming that the stock will make them big bucks tomorrow in options will be severely disappointed. Just my two cents Raiders