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Politics : Idea Of The Day

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To: Brian Fukuba who wrote (17673)	3/31/1998 12:09:00 AM
From: Getcher	Read Replies (2) of 50167

Brian -- Here's one for you ... a little riskier than the normal bear spread that you proposed. When I look at creating a spread I love to try to create the "Getcher No Cost Leg-In Spread" (actually well over 10,000 have thought of this way before me!) Buy your 1095 puts ... let the market come to you in your favor ... sell the 1085 puts at the same price you bought the 1095 puts! Take off stove a let simmer until done ... if SPX below 1085, then you get your spread as profit ... If in between ... you get the picture .... Riskier at the start, but if the market favors you immediately, well-worth it! Getcher

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