SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Options

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Poet who wrote (1388)1/20/2000 3:44:00 PM
From: DM  Read Replies (2) of 8096
 
Poet,

I can give you an ex of a credit spread I am currently in.
Bot 20 JDSU 140 puts for 3 7/8, sold 150 puts 5 3/8.
credit of 1.50 per contract into my account.

If JDSU stays aboe 150, I keep the premium, if it drops i can have the stock put to me.

Since I also own the 140 puts if it would drop big time,
I have those for protection.

Let me know if this makes sense, I am not the best at
explaining things.

DM
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext