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Strategies & Market Trends : Option Spreads, Credit my Debit

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To: dealmakr who wrote (1465)5/29/2000 9:19:00 PM
From: KFE  Read Replies (3) of 2317
 
David,

I wasn't thrilled to read the bullish article on HAL in this weeks Barrons since I have a June call credit spread. It would need almost a 20% up move to bring my spread ITM which I don't think will happen but I do expect a gap up tomorrow morning. Who would ever expect to be possibly hurt by a bullish article in Barrons.

GENE strategy looks attractive with a break even of $8. I will have to look into it. High return strategies also available on GBLX. Right now I feel comfortable with CEGE because of the book value. I have several strategies in play with expiration break even points from $11 to 17 5/8.

Regards,

Ken
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