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Strategies & Market Trends : Point and Figure Charting

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To: Judy who wrote (12548)1/11/1999 3:13:00 PM
From: the options strategist  Read Replies (3) of 34824
 
Judy, Anyone on spreads. I have an intc Feb. debit spread (130 long/140 short) and would like to get called out but since it's a Feb. spread I don't know if I should hold that long. Never had a spread when a split was announced.

What strategy(s) might I use with this? The 140 was a roll up from 135 which has reduced my debit but wondering if I should just buy the 140 and get out assuming there is a pop tomorrow?

Thanks for your immediate response :)

Jen
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