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Strategies & Market Trends : Buying SPLITs and other Strategies
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To: Terry Whitman who wrote (827)4/19/2006 12:49:47 PM
From: rolatzi   of 1163
 
The trade is initiated at the close of the third to last day of the month. That gives two trading days at the end of the month. For a seven day holding period, you close the trade on the close of the fifth trading day of the month (and for six day trade close at fourth trading day of the month).
Hope that clarifies the trade
Ciao,
Rolatzi
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