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Technology Stocks : Network Appliance

NTAP 114.97

-0.7%

11:01 AM EST

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To: Jacob Snyder who wrote (9486)	11/10/2001 11:42:37 PM
From: Uncle Frank	of 10934

>> I think I could argue that two calls (same stock, same strike price) are not "substantially identical" if one has an expiration date 2-4 months out, and the other is 2+ years out. Folks on options threads might be able to provide input on tax considerations. What you're proposing doing is one of their standard plays - a calendar spread. uf

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