SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Dell-icious who wrote (83757)12/4/1998 6:03:00 PM
From: Voltaire  Read Replies (1) | Respond to of 176387
 
Dell-icious

In my opinion it is not just option pay out. The MM's also are concerned about House Inventory, it must be allowed to at least gradually appreciate. After watching how they handled the $65 level today it looks as if the closing price on the 18th should be around 69 7/8.

Uncle Frank, after today I also believe we can expect to see a day of earnings close in Feb. of $85 per share.

From the porch

Voltaire



To: Dell-icious who wrote (83757)12/4/1998 9:41:00 PM
From: Don Martini  Read Replies (1) | Respond to of 176387
 
Thank's, Dell-icious, for the estimate. Here's a quick little play I'll make Monday, will let you know if it works 9 days later:

Offer Dec 65 Calls at 4
Offer Dec 65 Puts at 3

Likely to get both executed as prices flutter.
Will adjust asks if necessary
Zone of profit if both execute: 58-72

One side will expire worthless, the other can be rolled, or the calls can be rolled into Jan/Feb puts to duck the probable runup ahead.

Very much appreciated your post!

Sincerely,

Don



To: Dell-icious who wrote (83757)12/4/1998 11:53:00 PM
From: Dr. David Gleitman  Respond to of 176387
 
Re:
DELL December 18 likely close is at 65
based on the options analysis for December.
Here is the payout for some strike prices close to 65:

How is this option's analysis done?

David

BTW: I have sold covered calls for Dec 70's, so it sounds good to me.



To: Dell-icious who wrote (83757)12/5/1998 2:10:00 AM
From: StockJock-e  Respond to of 176387
 
Bollinger bands are pinching, I say DELL runs to at least 70 first.

BWDIK



To: Dell-icious who wrote (83757)12/18/1998 7:36:00 PM
From: Don Martini  Read Replies (3) | Respond to of 176387
 
Dell-icious, You helped me make a nice profit. Thank You!
My post 83783 outlined a short straddle based on your input, and I promised to report in 9 days on the December Dell options I would play based on your data:

-10 65C @ 4.12 = $4,092
-10 70P @ 4.62 = $4,595
-10 65P @ 1.00 = $967
Total short options: $9,654

Closing buy backs: $6,838
Profit from shorts $2,816

No Dell options held till X-day would have made a profit had I been long. The only profit opportunity was naked puts.

In this option month I closed 20 plays, 18 with profit = $31,443
2 were rolled for larger premiums; Will make a profit later or roll them again.
85% OF THE PLAYS WERE NAKED PUTS. Some were Mindspring.

Dell stock went up $2. It would take 15,000 shares to equal these plays, plus a lot more invested, as the puts were free! I used to pole vault, run the half mile and hi-hurdles. Now I've taken up shortputting! <gg>

I sincerely appreciate your important, profit producing post, Dell-icious, Thank's again!

Don