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


To: On the QT who wrote (87806)1/5/1999 2:38:00 AM
From: Sig  Read Replies (1) | Respond to of 176387
 
<<<<Now both Voltaire and Greg can't both be right. But one may be correct. Suppose that leading up to earnings time Greg is right in saying Dell is dead money ( trading range with no real gains going
towards Feb. earnings), and Voltaire says maybe 10+ points or so going into earnings and he calls it correctly. How do you play that one? Then lets say we all are in general agreement that Dell should blow them away (or some shareholders will fly elsewhere) at earnings time. How would you handle your money? >>>
Same answer to both questions:

My assumption is that Dell will have a run-up to earnings, or a
big move the day after ( before options ex.)
To play that I have been buying many more Feb (and later)options than Jan options.
For example, I took profits today on a web stock and bought
Feb, May, and Aug calls on Dell.These at strikes of 80 or 85.
I have stayed real light on Jan options but not because of Greg's
comments. It just works better for me to stay a bit furthur
out and keep the tension down.
So Greg can be right for maybe 6 weeks without hurting too much(Hehe) . But things change faster today, and if the forthcoming web stock earnings are not so good
(if they lose more money than expected Hahaha) then money will flow back into Dell.
Regards
Sig