Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: taxman who wrote (118001)	4/15/1999 10:25:00 PM
From: Vol	Read Replies (1) \| Respond to of 176387

Oh, No!! It's the TAXMAN!!! Hey, Taxman, leave me alone. I still got 4 hours to finish up and send my e-file! Now, back to Turbo Tax.... Dang, I hate this Schedule D crap....

To: taxman who wrote (118001)	4/15/1999 10:46:00 PM
From: edamo	Read Replies (3) \| Respond to of 176387

taxman..<ot> selling puts...buying calls...good question..not normally a call buyer unless a) i intend to excercise b) use as a stock replacement...both cases mean buying a call at or in the money, i think buying deep out of the money calls risky..but the reward can be worth it..e.g..small premium...high percentage return..but more oft than not somebody ends up with a worthless call. selling puts to me, and perhaps only to me is low risk, for it is in an issue that i am in or want to be in..the premium gives me a discount to the market... naysayers will dwell on the fact that "nay, nay na nay nay..it only works in a bull market"...i'm the eternal optimistic..for i believe the only market that exists is a "bull" market...that stops and takes a breath once in a while...i ask you to research the duration and depth of the longest "bear" deviation...i think you will be surprised..leaps have a max life of 39 months...but in reality 31 months..come out every may...this affords the ability not to suffocate as the bears "breathe" in the advance. so, establishing the fact that i am bullish or foolish..i tend to wait for days like today..find an issue that has been beat up thru no fault of its own and sell puts..if you think its a good time to sell a put..then the common must be oversold so why not go long common or deep in the money calls with the proceeds...now you have an inventory to write calls on should you so desire..and if your "guess" of stock direction is really really right..stock up, puts down,put expires worthless, free stock...no different than the decision you make to go long...who buys if they think its going down? i'll quote the venerable wbm...when he announced a large purchase of dell april 32.5 calls with the stock at about 36...believe he said "like buying dell at 30% margin"...in the money calls have less implied volatilty, but a higher premium.. suggest you read roths book "leaps"..mcmillan is the "bible"...but i'm not that religious..vector analysis gives me a dull head pain...good luck, ed a.