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Politics : Ask Michael Burke
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To: Dan who wrote (83476)9/6/2000 6:20:15 PM
From: Knighty Tin  Read Replies (3) of 132070
 
Dan, Spread conversions. You buy a stock you like, sell an at the money Leap call, buy an out of the money Leap put. It is rare that you bag less than 12% with these puppies, and you usually make much, much more. But go out two to three years with those Leaps and bring in a ton of premium.
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