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

To: Sig who wrote (66329)	9/21/1998 1:37:00 PM
From: freeus	Read Replies (3) \| Respond to of 176387

Hey Sig, I bought my first option today. I'm so excited. (I think I told you I have options on the IRA now which has almost no money in it but did have enough for 1 contract! but not on the account I really need it.) Anyway I chose a DELL Jan 2000 leap, strike price $60.Now correct me if I am wrong. I just paid $16.75 for the right to buy 100 shares of DELL at $60 on or before the options expiration day in January 2000. Am I right? So when DELL reaches approximately $77 I have a profit, right? Freeus