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Strategies & Market Trends : Option Spreads, Credit my Debit

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To: dealmakr who wrote (756)7/1/1999 9:26:00 PM
From: KFE  Read Replies (1) of 2317
 
David,

When did you turn into a long term trader!

Will be looking into July credit spreads myself starting tomorrow. Missed last months expiration week due to computer problems.

Curious as to how far you would let the spread run against you before you cover. I use my expiration break even point as a mandatory exit on five point spreads.

Good luck.

Ken
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