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Strategies & Market Trends : Canadian Options

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To: Steve Bevington who wrote (184)2/20/1997 8:13:00 PM
From: Jan Johnstone   of 1599
 
I put through a March bull spread by buying the $12 calls and writing the $14 calls yesterday. Even though I'm hedged, I should have just written the calls it seems, for now. This might be a roller coaster again, if the US momentum players take a liking to it. Judging by the Nasdaq volume, it may happen.

Have you taken a positon ????

Option volume is picking up, but is still very thin. The options specialist doesn't help, with his/her bid-ask spread. How does this person make a living ???

Cheers !!!
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