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Strategies & Market Trends : Option Spreads, Credit my Debit -- Ignore unavailable to you. Want to Upgrade?

To: KFE who wrote (819)	8/13/1999 2:21:00 PM
From: Ron Lambert	Read Replies (2) \| Respond to of 2317

I opened a 660 by 650 put credit spread a week or so ago and have been nervously watching until today. I am now hoping for a continuation of the rally into next week. I hope to close the 660 by 650 and am looking to open a 710 by 720 or 715 by 725 based on the movement and premiums. My initial credit spread will net me a 10% return for the month, but hopefully I can do better with good movement. I watched your plays last month and was wondering how you derived your targets for your credit spreads? I too would like to keep this thread alive. It seemed all discussion stopped when you took your vacation.

To: KFE who wrote (819)	8/13/1999 8:21:00 PM
From: dealmakr	Respond to of 2317

Ken, Welcome back from the vacation. Hope the golf courses were green, its a bad drought in NJ. As far as the thread dying, its just one of those that sleeps for a while now and then. I haven't put on any spreads this month yet and am waiting until next week for possible entry, last months cover made me gunshy a bit with too much time left open. Let us know what you see. Good Trading Dave