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

To: freeus who wrote (76650)	11/5/1998 12:01:00 AM
From: larry	Read Replies (1) \| Respond to of 176387

According to my calculation, if you had $ 1 million in your account in cash, you should have no problem in selling 500 contracts of DELL naked puts with stricking price at $55. The best way to make $$ on DELL in selling naked puts is to sell in the money leap puts whenever DELL pulls back 20-25% from its all time high (sure the more the better), you would be amazed by the amount of $$ you are able to cash in during a short period of time. Heck, I still have 25 contracts of DELL Jan. 40 puts that I sold at around 5 1/2. You can buy them back at 1 1/8 today. Sure you can let them expire worthless, if you want. good luck, larry!