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

To: chief who wrote (50580)	7/10/1998 10:33:00 AM
From: Boplicity	Respond to of 176387

ask jb3, you'll get better ans. Greg

To: chief who wrote (50580)	7/10/1998 3:07:00 PM
From: jbn3	Read Replies (1) \| Respond to of 176387

re Options Trading Chief, you posted Hey I am new to the trading game, I have some money to invest but don't know much about options...what would be a good play at this time. I own Dell stock but would like to do some type of options, any thing I need to look out for or something that is relatively safe. First, I strongly advise you to do a lot of basic research on options and how they work before you dive into those waters. There is too much I don't know to advise you well.... 1. What kind of account are you talking about (IRA, 401K, regular)? 2. What permissions your account is authorized? 3. How much money you're talking? 4. What do you mean by 'relatively safe'? 5. What time frame are you looking at? I am sure that Dan Martini is much more knowledgeable than I, as is AlanH. Be advised that I am NOT in any way or form an accredited financial adviser, nor do I hold ANY certifications, licenses, or qualifications other than some experience. If your account is set up to allow option trading, right now the purchase of DELL calls should be profitable over the next 6 weeks (until earnings announcement). Your risk is that you may lose every cent you pay for the calls (but no more). Your potential gain is if the stock's price exceeds the strike price by more than the amount of the premium you pay. I THINK that DELL will easily go to 120 by earnings, and it may go higher if earnings are superlative, or if a split is announced. This is ONLY my opinion. (but I have traded and hold positions based on that opinion) regards, 3.