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

To: Devil's Advocate who wrote (89781)	1/18/1999 7:16:00 PM
From: BGR	Read Replies (1) \| Respond to of 176387

DA, You may try this link: cboe.pcquote.com Also I recommend that you check Ibexx's past posts for information about LEAPS. I like LoD's LEAPS style as well. Summary: LEAPS are options with maturity spans > 1.5 years or so. They are traded just like ordinary options and have the same parameters (strike price and expiration date) that determine their price. They are relatively illiquid, however, and have higher bid-ask spreads thus making it hard to trade them (but the goal is not to trade anyway). Comparison: In October '98 I bought DELL 2001 90's for approx. 1100 dollars/contract when DELL was at 58. Today these are trading at approx. 2450 dollars/contract (about 120% appreciation) whereas the stock has gone up about 40%. To duplicate the same performance with margin you would need about 33% equity which is too risky for my taste. One issue: LEAPS start losing time premium rather fast in the last 9 months of their life. You need to roll them out at that point. Hope this helps. -Apratim.