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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: NateC who wrote (11339)	8/3/1999 11:47:00 PM
From: Greg Higgins	Read Replies (1) of 14162

NateC writes:In looking at all of these trades.....it's hard to tell who did what....but there was combination of a 45 sold put, and a bought (long) 40 put....which looked like a classic bull put spread I agree, except for one thing, I've never heard of anyone getting 4 and 15 teenies on a $5 credit spread. If anyone listening has ever gotten more than 4 5/8s, please speak up. In fact, I'd like to hear about even if it didn't happen to you. If you only know someone who knows someone who knew a gal who knew someone who knew a guy who brother's sister's husband's cousin knew this guy who actually knew someone who got that close to $5 in a credit spread, I think it would be interesting to hear of it. On the other hand, the trades don't say whether they were opening or closing, so it could just be some sideshow puts getting closed out as the trader calls a bottom.

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