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

To: freeus who wrote (104536)	2/24/1999 2:00:00 PM
From: im a survivor	Read Replies (1) \| Respond to of 176387

best of luck to ya, but may I suggest something ? Don't ever dabble in anything you do not fully understand. I suggest sticking with the basics and dabble more as you learn. Good Luck with your dilema. KG

To: freeus who wrote (104536)	2/24/1999 2:09:00 PM
From: edamo	Read Replies (1) \| Respond to of 176387

selling ldeah is more profitable, only because if it is called away in jan 2000, the underlying you own has moved 55 points....if called away in march @ 85....you have no further gain...i use the word "profitable"...in the sense of the upside opportunity...if dell does head south a bit...the premium on the 140 ldeah will erode as the expiration approaches and will expire...you can sit back, not worry, and pay one commission, rather than monthly as you try to stay ahead of the position....if you are going to sell near strikes with short expiration for income , than do so when the underlying is more overbought...in this instance perhaps dell at 90-92 (45-46 post split)sometimes in the next two weeks than maybe a 100 or 105 (50-52.5)would be considered...dell really isn't the type of stock to sell covered calls on, unless it's trading pattern seriously changes...it is a prime put sale, which i don't believe an ira type account allows...only margin accounts usually...relax, good luck, maybe you want to revisit the position in may when the 2002 are out..ed a.