Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Big Dog who wrote (19757)	4/20/1998 6:24:00 PM
From: The Perfect Hedge	Read Replies (2) of 95453

You're saying I have to have the shares to sell the calls.I'm saying that because I have calls,that means that I can sell calls against the calls I bought---BUT at a different month but same strike price. How's that? It's a spread. It don't matter no how.I'm gonna get out of them PFE calls soon and I'll be back on the drilling thread riding the roller coaster baby!!! GD

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