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Strategies & Market Trends : Option Spreads, Credit my Debit
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To: KFE who wrote (737)6/3/1999 1:26:00 PM
From: jjs_ynot  Read Replies (1) of 2317
 
Ken,

I was waiting for your response. I have read that in McMillan and think that he is just wrong about that. He has not considered the impact of Bid/ask spread and commission on vertical spreads. Also, time decay works more quickly to the benefit of OTM spreads.

Dave
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