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

To: Don Martini who wrote (81074)	11/18/1998 1:58:00 PM
From: Don Martini	Read Replies (2) \| Respond to of 176387

To All: Option combination, potential big yield While Dell is taking a rest the action is in internet issues. Mindspring is up like a rocket, numbers more realistic than other internets. [do an SI comparison chart.] MSPG: 60 weeks +615%, beat YHOO. Price/sales ratio much better. I did this yesterday: Bot shares: 53 13/16, Now $59 Sold twice as many April 60puts @ $16 Sold same number Dec puts @ $6 1/2 [Also sold Nov 55, Dec 45 & 60 puts, all now profitable] Converted to prices today: Buy 100 shares = $5,900 Sell 1 Dec 60P @ 7 = 700 premium paid to seller Sell 2 Apr 60P @ 15 = 3,000 premium Sell 1 Apr 60C @ 14 = 1,400 premium Total premiums to collect = $5,100 Net cost if MSPG goes up $1 in 5 months = $8 share Shares will be called in April @ $60 = $6,000. Yield, $5,200 = 650% gain. Can wait and sell calls for more, or not sell them and keep the stock. [wiser] Can roll out the puts for more premiums if MSPG drops. Can sell more puts as MSPG goes up, make more premies. FWIW Don