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

To: freeus who wrote (78859)	11/12/1998 3:38:00 PM
From: Sonki	Read Replies (1) \| Respond to of 176387

fri or sat meeting. wk days impossible. y2k 60P dlqkn is 3 3/8 nov 70 calls for a gamble. if stocks closes at 73+ by next week i make mony.

To: freeus who wrote (78859)	11/12/1998 3:49:00 PM
From: Dell-icious	Respond to of 176387

I sold some DLQKN (Nov 70s) covered calls at 3 1/2. I cannot imagine DELL closing above 70 a week from today, even if earnings are a blowout. There will be a selloff after earnings. Also shorted 1000 DELL (covered by some way-in-the-money Nov calls), which caps my upside for those calls but locks in my profits in case the stock slides after earnings. Dell-icious