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


To: jbn3 who wrote (57177)8/8/1998 7:31:00 PM
From: patel  Respond to of 176387
 
August98 $115 Calls : In 12 trading days, due to market correction, dell fell from a high of 118.25 to a low of 98.25, that is, 20 points = 16.9%.

(1) In the remaining 7 trading days before earnings announcement on 8/18 after market close, do members here think dell will go up by same 16.9% up from Friday's close of 107.25? i.e. to 125?

(2) Whatever price you suggest it will go up to, then the question is that will it go there by the end of close of market on 8/18, or after 8/18 earnings announcement, that is go up to that level on 8/19, or 8/20, or the options expiration day of 8/21?

Keep in mind the possibility of 2 for 1 split and equal or better than the street consensus of $0.46 eps.

(3) If you were holding August 115 Calls, what would be your strategy. I am holding these calls and am looking for some guidance from options players.
I personally think dell will make a new high shortly, but the question is how high before the August options expiration date of 8/21.

Thanks a dellion ( read million) for your views.