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Dell Computer Corporation (DELL) Message Board

boomerskunk 1 post  |  Last Activity: Aug 15, 2014 10:10 PM Member since: Sep 14, 2011
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  • boomerskunk boomerskunk Aug 15, 2014 10:10 PM Flag

    With all due respect, the time to buy or sell options for the earnings report was last month. I bought 15 Sept 7 calls for 1.87 and sold at 3 today. You must plan ahead and realize the market is all about greed and it's not rationale. I also owned 2000 shares at 9.01 and sold the Aug. 15th 9 covered calls for .49. Once all was said and done I made money. Sure I left some on the table, but I didn't lose a dime.
    I bought more today. 2000 shares at an avg of 9.67. I'll average down if it goes below 9.25. I'll probably sell covered calls against it while I ride it up into earnings next quarter. Maybe some swing trades if the volatility is there. I also bought 10 Nov 8 calls for 1.87. We'll see. This is a great stock to trade with. I wish everyone luck. If you lost money, brush yourself off and learn from your miscalculations. Happy trading!

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