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DELL is prepared to challenge the 12.00 level resistance.

|Includes: Dell Inc. (DELL)

Shares have climbed from 1.80 in the past 8 trading days after a retreat from a recent high of 12.15.  This indicates that ist's currently at an infliction point.  you can play this however way youlike for a good .50 cent upside at the very least.

I like to always be hedged.  Therefore, Writing either June strike 11 or 12 will yield roughly identical intrinsic time value of .38/share!  I prefer strike 11 becuase you get the downside protection should shares retreat.