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Technology Stocks : Ascend Communications (ASND)
ASND 196.81-4.9%Dec 9 3:59 PM EST

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To: david who wrote (14793)9/28/1997 5:49:00 PM
From: hpeace   of 61433
 
david, unless you buy them at same time, which I've already stated i don't do .
the second you sell the mar 40 put on asnd, you are naked.
it's not a spread til you buy the 25 put.
If you read the posts I sent glenn, you'll understand I will step into the mar 40 put and the 30 calls then on rally buy the 25 put.
when i buy the call it becomes a straddle.
enough of the options questions on this thread.
please ask option questions on traders thread<gg>
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