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Strategies & Market Trends : Option Spreads, Credit my Debit
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To: dealmakr who wrote (742)6/4/1999 9:29:00 AM
From: Jon Tara  Read Replies (1) of 2317
 
David: so, you would go further out of the money than this? You risk a considerably higher loss for considerably less reward, with, however, a lower probability of incurring the maximum loss.

Just how far out do you go? I realize that this is related to volatility. But, say, on the OEX. And how close to expiration?
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