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Politics : Ask Michael Burke
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To: Deep IntheMoney who wrote (31528)8/26/1998 11:15:00 AM
From: Knighty Tin  Read Replies (1) of 132070
 
Deep, The spread looks good, though I always prefer credit spreads, so I would have sold the $35 puts and bought the $30 puts to get to the same position with interest on your net credit.

I have been playing both Ciena and Tellabs long calls. That is riskier, but I believe there is some homerun potential here. Your strategy is a moderate risk, moderate return trade and one I like. But I emulate Mark McGuire, not Nellie Fox. <G>

MB
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