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


To: JH who wrote (72580)10/16/1998 12:06:00 PM
From: T L Comiskey  Respond to of 176387
 
Thanks for the posts John...just checked your XYLN play.....!! :)...Tim



To: JH who wrote (72580)10/16/1998 12:54:00 PM
From: JH  Respond to of 176387
 
Sold short puts to open Nov55p @3-3/4. I'd like to increase my core holdings of DELL at an effective price of $51.25.



To: JH who wrote (72580)10/18/1998 11:23:00 AM
From: JH  Respond to of 176387
 
Success shorting four different types of DELL options (all expired worthless):

1) Oct 42-1/2 puts @ $3-1/2 (naked short done on 10/8 but not posted on SI - was too busy with the long 42-1/2 calls which were rocketing in value)
2) Oct 57-1/2 calls @$2 (covered call done on 10/12, posted on SI)
3) Oct 52-1/2 puts @$1-7/8 (naked short done on 10/13, posted on SI)
4) Oct 55 puts @1/8 (naked short done on 10/15, posted on SI)

WARNING: I do NOT recommend naked shorts for those who don't fully comprehend the potentially unlimited underlying risks...