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


To: arthur pritchard who wrote (81450)11/20/1998 12:46:00 AM
From: Sonki  Read Replies (1) | Respond to of 176387
 
Art, My max pain point is tomorrow. I will loose $3500 dlq when i could have bot a fancy notebook and added to dell's bottom line.

I bot the calls even when the option letter recommended to buy puts.
that option letter recommends puts on msft too and i bot msft today.

oh, that is doubly painful.

regardless, sooner or later dell will wake up and start charging up the hill. i expect that when Q4 results hit the street people are gona pour back into dell again.

p.s. why is this thread talking about sunw all of a sudden? sunw business is almost mutually exclusive of dell.
sunw makes most of it's profit from selling $1m /server and does not care to profit from workstations and small servers where as dell is serving small bussinesses across the world. totally different market share.



To: arthur pritchard who wrote (81450)11/20/1998 8:58:00 AM
From: Ben Antanaitis  Read Replies (3) | Respond to of 176387
 
Mr. Pritchard, ***OT***

First: Let me help you put a stop to your inability to navigate my web site.

See: pipeline.com

This is the current Max-Pain™ graph for DELL and it is based on the CBOE data downloaded on Wednesday night 11/18/98. It even notes the date the data was collected. The date the web page was created is listed at the bottom of the page along with our Copyright and Trademark notices.

The most current Max-Pain Point™ graphs are always linked via the last line in the selection table.

Second: Laura's calculations are incorrect, if she is attempting to duplicate the Max-Pain Point™ calculation.
She states:
I totaled the OI values for calls and puts for Nov strike of 55, 57.5, 60, 62.5, 65 and 70.
This is only a subset of the open interest strike ranges. The Max-Pain calculation requires inclusion of all the strike prices that have open interest in them. In Dell's case there are contracts in the strike prices from 27.5 to 80:

Strike
Price CALL Vol PUT Vol
27.5 (.DLQKC) 4104 (.DLQWC) 57493
30 (.DLQKF) 8792 (.DLQWF) 12225
32.5 (.DLQKZ) 595 (.DLQWZ) 3304
35 (.DLQKG) 1260 (.DLQWG) 5591
37.5 (.DLQKU) 2316 (.DLQWU) 9135
40 (.DLQKH) 6391 (.DLQWH) 12309
42.5 (.DLQKV) 6906 (.DLQWV) 9197
45 (.DLQKI) 6921 (.DLQWI) 10925
47.5 (.DLQKW) 5406 (.DLQWW) 6891
50 (.DLQKJ) 18584 (.DLQWJ) 17357
52.5 (.DLQKX) 3628 (.DLQWX) 10979
55 (.DLQKK) 12707 (.DLQWK) 21617
57.5 (.DLQKY) 6302 (.DLQWY) 10403
60 (.DLQKL) 27385 (.DLQWL) 17979
62.5 (.DLQKB) 6571 (.DLQWB) 5584
65 (.DLQKM) 34237 (.DLQWM) 15065
70 (.DLQKN) 50204 (.DLQWN) 12267
75 (.DLQKO) 30383 (.DLQWO) 3775
80 (.DLQKP) 12211 (.DLQWP) 1508
BASED on CBOE data from 11/18/98


AS you can see, the actual range encompasses a much larger number of contracts than the subset Laura used. Of course, she is free to do anything she wishes, but she cannot call it a Max-Pain™ calculation.

Anyone wishing to see how a Max-Pain calculation must be done, and when it may and may not apply (esp. in DELL's case) should stop in at my web site and read the detailed explanation of the hypothesis and the technique.

Ben A.
ez-pnf.com