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Strategies & Market Trends : Option Spreads, Credit my Debit
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To: Bridge Player who wrote (2238)2/3/2003 11:59:55 PM
From: robert b furman  Read Replies (2) of 2317
 
Hi Bridge,

I'm a very simple trader of options - my only experience is selling puts as a way of accumulating a stock I desire to own.I've had both success and failure but generally like to take advantage of the time premium decay.

With that as a background - I very much like a more sophisticated interpretation to a laymen regarding the following play:

Message 18530943

TIA

Bob

what is your interpretaion of a long term selling puts on the 55's and buying the 45's??
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