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To: jbn3 who wrote (49143)6/26/1998 1:51:00 PM
From: SecularBull  Respond to of 176388
 
What about a straddle?



To: jbn3 who wrote (49143)6/26/1998 1:52:00 PM
From: dennis michael patterson  Respond to of 176388
 
THANKS for your intelligent assessment of the situation. Selling 95 July puts is the best thing to do. I think Dell will be at 100 at expiration in July.



To: jbn3 who wrote (49143)6/26/1998 4:39:00 PM
From: Logos  Read Replies (2) | Respond to of 176388
 
RE: <<I have sold six of the July 95 puts. For me, ideally, DELL
would close at 94 and I would graciously accept the forced trade.>>

How is that a forced trade? Shouldn't premium be counted? Maybe I'm just too eyes-bloodshot tired right now, but I don't see it. Thanks.

Logos


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