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

To: stockster who wrote (109587)	3/15/1999 8:50:00 PM
From: HoyaBob	Read Replies (1) \| Respond to of 176387

Options Free Advice Part 2: While fairly new to writing covered calls, I've learned to monitor the things as if they are stocks. They have much greater volatility and leverage and need to be managed more carefully than stocks, assuming you are in "positions" like DELL in which you are fundamentally comfortable with the stock, come hell or high water. So, track these options meticulously, especially if you can monitor them during the day. I've found that I should normally wait at least an hour before doing anything, and that the last half hour of trading is wild -- and frequently quite profitable. Make sure you can get real time quotes. Like a stock, consider what you want to make off you option contract. You might want too write a buy to close order at a fair profit in case you fear losing an opportunity on a dip. Never use market orders -- they are licenses to steal. Always use limits. Hope this helps.