Option Spreads, Credit my Debit Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Option Spreads, Credit my Debit

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jjs_ynot who wrote (606)	2/21/1999 1:46:00 PM
From: KFE	Read Replies (1) of 2317

Dave, I was about to post that I didn't think butterfly credit spreads were possible anymore without legging then noticed this after the close Friday. OEWOR(590) 8- 8 1/4 OEWOS(595) 9 1/4- 9 3/4 OEYOT(600) 10 1/4- 10 3/8 Selling at the bid and buying at the asked this could be executed for 1/8 debit. If you could get the middle on only the shorts then it could be executed for 3/8 credit. A free ride and guaranteed profit without legging! Maybe there is hope. It will be interesting to see if these quotes are adjusted Monday morning. The March 570-580-590 puts have a possibility of butterfly credit also. This would have a 20 pt. profit enhancement range while the spread above would have a 10 pt. range. Ken

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next