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


To: Jerry Olson who wrote (80124)11/14/1998 1:38:00 AM
From: larry  Read Replies (1) | Respond to of 176387
 
OJ,

I can't tell you how much $$ I have in my account but I did make some very nice gains within the last two years, and I benefited nicely from DELL mainly on the long side.

I guess that I am going to get 1 k shares of MSFT at 115 by next Friday. This is the worst play that I have in recent months. I was expecting MSFT to make new highs within weeks. BUt the trend seems to have reversed (we will have to wait until next Tuesday to find out!). However,I don't see it dropping below 105. But if the Fed does not cut rate, I guess that I have to short against my box to avoid a sharp fall, or I will just have to buy back the puts next Monday. The premium is pretty cheap right now.

My brokerage house requires 100% cash on option trading.

L!