Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Don Martini who wrote (58473)	8/16/1998 4:34:00 PM
From: AlanH	Respond to of 176387

***** Don Martini (et al) referencing Post#58357 **** Please use EXTREME CAUTION when considering any opinion on SI (or any other bb). No one is EVER assured of gains (or lack of losses) when dealing with options. The strategy stated in #58357 can be referred to as "rolling out", and like other strategies has serious risks and limitations. It is impossible for anyone other than you to determine which strategy is appropriate (or matches your motives and beliefs about the underlying stock).** A discussion of call option strategies and associated risks is covered in Lawrence McMillan's Options as a Strategic Investment, ISBN 0-13-636002-5. While I'd recommend the text to any options player, you may wish to acquire the text immediately -- given the large position you've described. I appreciate the gratitude you've shared. (Please don't find my response to be harsh.) My interest is for your well-being -- at a minimum you should thoroughly discuss your situation with a licensed professional. Good luck! Just another trader, Alan