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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Broken_Clock who wrote (12639)2/23/1998 7:37:00 PM
From: waverider  Read Replies (1) of 95453
 
PK, can you tell me the significance of this?
>FYI looks like some one did a bull
put spread on the CDG 35s for March and Apr. Bought March puts and sold April puts for a net credit. Did 65
contracts.I think the same happened with the calls on the Mar 40s and May 40s.<

I have a hard time just figuring out what the difference is between selling a call and buying a put.

Rick Hydrocarbon
aka Diamond H
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