Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: KFE who wrote (757)	7/1/1999 9:50:00 PM
From: dealmakr	Read Replies (2) \| Respond to of 2317

Ken, LOL, long term trader. I usually wait a while longer, but the prem looked juicy at the time. If I was paying more attention could have rebot around 1 3/16 or so and faded again near the end of the day for a +1 1/2. The put call ratios have generated into a bearish posture IMHO and it may take a while to sort out, but I didn't put on a full position. There weren't any of the 735's so I had to go for the 10 point spread. Pain level will be hit when position goes 1 point over prem recieved. May have some fun though even if its early. Will close position if I can generate +1/2 or better by Tuesday and reduce exposure. Last month one of the quietest expiration days in a while and I didn't see anything worth risking on that day. Good Trading Dave