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


To: Dr. David Gleitman who wrote (82264)11/25/1998 9:50:00 AM
From: Mohan Marette  Read Replies (2) | Respond to of 176387
 
David,I have no idea about that option question you posed to me, perhaps someone else will give it a shot. Anyway I picked up some ONSL the other day,hell I didn't want to be left out of the party you know.Now I got to figure out when to sell it.



To: Dr. David Gleitman who wrote (82264)11/25/1998 10:22:00 AM
From: Geoff Nunn  Respond to of 176387
 
Why do some of dell's options have such low strike prices? If that is the question, the answer is stock splits. Each time Dell is split the strike price on existing options must be revised accordingly. For example, an option written with a strike of $60 will have a revised strike of $15 following two 2/1 stock splits.



To: Dr. David Gleitman who wrote (82264)11/25/1998 10:22:00 AM
From: BGR  Respond to of 176387
 
David,

In a past not too far away those used to be out-of-money LEAPS for DELL. I suspect that a majority of them are held by a lucky few posters in this thread. :-)

-Apratim.