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Strategies & Market Trends : Buying In the Money Options
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To: High Grader who wrote (14)10/15/2000 1:04:15 AM
From: the options strategist  Read Replies (1) of 21
 
Thanks HG for that excellent detailed explanation.

So ... the "spread zone" is an elliot wave thing :).

I'm not familiar with the strategy but it appears to be a great way to find inexpensive spreads.

One question: why would you wait until the price drops to 19.125 before closing?

jj
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