Option Spreads, Credit my Debit Message Board

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Strategies & Market Trends : Option Spreads, Credit my Debit

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To: jjs_ynot who started this subject	12/4/2000 3:11:51 PM
From: Steve_GTS	Read Replies (1) of 2317

Has anyone figured this spread out yet? I called 2 brokers and both were unsure of the quotes. They told me that the MM would take the orders, so doesnt that mean free money? They are gun shy to place an order for themselves as I explained it to them! I understand that they are merging with an other company. An excerpt from Yahoo: "You get .7272 of GENZ stock, or $47, naturally you will take .7272 because this translates into $61 per share for your GELX shares. Get it. So you dont lose, why do you think GELX stock tracks with GENZ. " Can I lose if I get exercised twice? Has anyone tried selling this Box spread today? Thanks Steve

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