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


To: Uncle Frank who wrote (92558)1/29/1999 11:55:00 AM
From: BGR  Respond to of 176388
 
Good morning Uncle Frank,

during the morning dip, I have rolled up my Feb 85's to Feb 100's increasing my leverage by a factor of approx. 4. TBH, this last surge caught me by surprise and I am unsure as to what to do. According to notes that I made in December, I am supposed to sell now (based on price action) and convert to '01 LEAPS + furthest OTM calls (which are not really available now and are becoming ATM in a span of 10 minutes). I guess I am getting greedy and want to hold on to short-term options with lesser delta. As you said, I am afraid to mess with success and I have seen what a grand 4th quarter can do to DELL (check out last year's price action). Need the weekend to think it over. I wish I could ask for some advice from Don Martini.

-Apratim.