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

To: Boplicity who wrote (104636)	2/24/1999 5:40:00 PM
From: freeus	Read Replies (1) \| Respond to of 176387

70's?????Why didnt you send me congratulations for writing those cov calls in the first place?????? The back up would have been wonderful! what a lot of diverse opinion....so many said that after the split DELL would definitely be over 50 . Oh well. Freeus But you do a lot of trading too... the only difference is you know what you are doing and I wont until I do it some more: paper trading does nothing. Incidentally, here's how to write a covered call: I bought Telebras (at 68) Sold a Mar 65 covered call for $8.50. Watch it every day but couldnt care less: if it gets called away I have a $500 gain.(7%gain in a month for an annualized 144%) If it doesnt I still have the stock and the $8.50 and maybe the stock will recover its past glory. If not I sell another for April. The difference is I dont care if I keep Telebras or not. I still believe Dell is the place to be.