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To: Gersh Avery who wrote (4426)10/21/1998 9:59:00 AM
From: Gersh Avery  Respond to of 11051
 
Make that 2 5/8 opening ask ..

so then 3 @ 2 5/8 +$35 total in $822.50

Gersh



To: Gersh Avery who wrote (4426)10/21/1998 10:53:00 AM
From: MonsieurGonzo  Read Replies (1) | Respond to of 11051
 
Gersh; RE:" DELL "

>Start with 3 DLQLM @ market at open CBOE currently lists them at 2 1/8 ask. Limit sell @ 6 3/8. Total cost at this point $637.50 + say $35 for the house. On this one when it drops down to $1 I'll pick up 6 of them then ratchet down to the next strike...

DLQLM - DELL Dec 65 CALLs

My chart has nearest horizontal support at the 53~54 area, FWIW.

Jurgen reminds us that earnings are 12-NOV.

Got another magic line around the 47~48 area.

-Steve