Option Spreads, Credit my Debit Message Board

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Strategies & Market Trends : Option Spreads, Credit my Debit

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To: KFE who wrote (664)	3/9/1999 4:18:00 PM
From: dealmakr	Read Replies (1) of 2317

Ken, I like the sector as a proxy to the crude oil market. Currently have a position in LMDAU @ 1 1/4(MRL 00 7 1/2C) and am looking to initiate a free trade spread by selling the 10's or 12 1/2's. I'm still looking for a continuation of the rally in crude going into the OPEC meeting. Sector has been in the pooch pound for quite a while. We shall soon know. Good Luck Dave

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