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


To: Chuzzlewit who wrote (52216)7/18/1998 7:28:00 PM
From: SecularBull  Read Replies (1) | Respond to of 176387
 
Your scenario does not take into account DELL's procedure of selling puts to underwrite the purchase of calls that it exercises at a later date. The puts usually expire worthless (and I think this has always been the case for DELL).

DELL is not buying shares at today's price, but rather exercising calls from much earlier.

LoD