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Strategies & Market Trends : Option Spreads, Credit my Debit
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To: jjs_ynot who wrote (749)6/23/1999 6:44:00 PM
From: dealmakr   Read Replies (2) of 2317
 
dave,

Sold TAZSR (AMTD July 90P) @ 13 1/2, am looking for maybe some strength going into the upcoming split on 7/6. May establish a spread if I can get the 85 puts bot for 6 or so and lock up a few points or if it runs away north will exit prior to split. Downside covered to 76 1/2. Any thoughts? T Bond keeping the market under pressure still.

Dave
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