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


To: BGR who wrote (97423)2/11/1999 5:17:00 PM
From: Mark Peterson CPA  Read Replies (1) | Respond to of 176387
 
You're both right. If the net liquidating value of your portfolio increases as a result of your particular investment strategy, each of you win, and there is no one on this thread who will argue with results.

But as each of you know, the market is a zero sum game. For every $1 won, there is $1 lost. If you both are winners, somebody's portfolio lost money that went to increase the net liquidating value of yours, effectively validating your investment acumen.

FWIW, options specialists use the Black-Scholes formula to price the bid and asks. Doesn't make it right, doesn't make it wrong. That's just the way it is. Generally, the thinking is that it is hard to argue with a Nobel lauriate.

I've thoroughly enjoyed the knowledge each of you have shared in your posts and wish all Dell threaders success in their Dell investments. Good luck on Friday.

Best Regards,

Mark A. Peterson



To: BGR who wrote (97423)2/12/1999 9:55:00 AM
From: edamo  Read Replies (1) | Respond to of 176387
 
not using the ta to trade the common, but merely using it to establish overbought or oversold conditions to write covered calls or sell puts against cash....to trade purely on ta is to market time...the time effect of an option when your are the seller allows for a greater margin of error on the ta....purely an entry point....i would probably look at selling dell puts, late today or on tuesday open...would consider mar 75(dlqoo) or mar 80 (dlqop)get 200-300 per contract

can you see the cushion i have i.e. ta shows support @90, i'm selling contracts @ the next support level...i can't do this with the common!