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Strategies & Market Trends : Option Spreads, Credit my Debit
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To: KFE who wrote (578)2/18/1999 7:20:00 AM
From: jjs_ynot  Read Replies (1) of 2317
 
That is on nice thing about spreads. The delta on both sides is fairly close, so you can "change sides" very quickly and efficiently.

Closing out the short side would probably lose 1/2 point PLUS the bid/ask spread which you are very unlikely to improve for a single sided transaction IMO. I have not been successful to get inside the spread fills for single option trades, have you?
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