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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 40.01+1.7%Jan 6 3:59 PM EST

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To: iqbal latif who wrote (34)4/1/1997 3:12:00 AM
From: Sonki   of 27012
 
LEAPS = LOOOOng term options. less risky then short term options,
any good company can get caught in a down draft any time due to
market condtions etc. So I use leaps. My intention is to dump
them 6mo. prior to experation. U R right you can do the same
thing in a short term. but you had strike time mixed up.
You would for eg. buy july 140calls and sell july 150. This way
you get $10+ july 150 premium.
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