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

To: Gabriel008 who wrote (47528)	6/14/1998 2:44:00 PM
From: jbn3	Read Replies (1) \| Respond to of 176387

re DELL option expiration Gabriel, I did cover my June 80 covered calls on Friday, but am letting my 85s ride. I anticipate that they will expire worthless, though whether due to a market drop, or to the MMs moving the price to 85 is conjecture. I sold the 85s (5 @ 3 and 5 @ 4), so all I really need is for DELL to close Friday at < 88. Shucks, I should be helping Techie spam the thread, trying to make it drop. <g> If she had gone short the market instead of short DELL she could have made a bundle last week. If DELL drops back to 80, I'll have to consider selling some more puts. Regards, 3.