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Strategies & Market Trends : Option Spreads, Credit my Debit

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To: KFE who wrote (568)2/17/1999 6:43:00 PM
From: NateC  Read Replies (1) of 2317
 
<Put spread on Dell March 85-90 calls today for 1 7/8 credit. Will leg out if Dell
breaks 85 in next couple of days. >

Ken....I'm trying to be sure I have the jargon straight....you mean if Dell breaks 85....you'll sell the March 90's....and buy 95's or 100's??
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