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


To: edamo who wrote (117331)4/14/1999 1:22:00 PM
From: Michael Bakunin  Read Replies (1) | Respond to of 176387
 
If I were you, I would take a long look at the sentence, merely rolls forward and takes an increasing premium, no increase of risk/exposure and worry about my portfolio. But then, I have been a Dell put buyer.



To: edamo who wrote (117331)4/15/1999 3:30:00 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 176387
 
>>i'm the other side of the trade...<<

so, you are the guy that sold those april 45 purs to craig for 75 cents? and you are proud? man, no shame! rotflmaoiavbw!



To: edamo who wrote (117331)4/15/1999 6:31:00 PM
From: Jeffry K. Smith  Read Replies (1) | Respond to of 176387
 
EDAMO - do you, or does your broker make sure you have sufficient funds to cover being put to? Have you ever been put to on a date prior to expiration date? I realize that this situation may be rare, but am still wondering.

The situation you describe (as I understand it) is: close to expiration date (how is the term "expiry" used?), your strike price is much above the current stock price... So, you buy back the about to expire options and sell puts further out - right? It goes without saying that this should not be done with a stock you are not comfortable owning at the strike price.

TIA,
Jeff Smith