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

To: Uncle Frank who wrote (92965)	1/30/1999 10:42:00 AM
From: Don Martini	Read Replies (2) \| Respond to of 176387

Good Morning, Uncle! Based on the tables Mohan posted my plan is to hold till expiration, assuming there's a split announcement. I have the BPs and BRs, and will buy more calls Monday. This is almost a license to rob the bank, and the risk is proportionately small. I'll sell puts to reduce the call cost; a superbull. Being short puts and long calls close to expiry brings more than 100% of each dollar the stock moves. My estimate of Dell reaching 115 by 2/19 is 85%. If Dell stalls you can sell higher strike calls rather than closing the long ones, creating a bull spread. Right before the split I may sell the highest strike calls for the March X-day or buy some puts, in expectation of a selloff. Have a great day, Uncle! Don