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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (66757)8/25/1999 10:31:00 AM
From: Knighty Tin  Read Replies (2) | Respond to of 132070
 
Chris, The AOL and Amazon idea didn't work out at all. I just got a call from my broker. The spreads are so high that there is no vig there. I should have waited for opening, but I was in too much of a hurry and the trades are no gos.



To: Knighty Tin who wrote (66757)8/25/1999 10:42:00 AM
From: valueminded  Read Replies (1) | Respond to of 132070
 
Mike:

One I am evaluating is a bear spread on Micron, am hoping for a little more of a pop. Could have done the oct call 55's and 50's yesterday for a net credit of 4 but am hoping to get a little higher strike prices and a little further into future. Jan would be nice. Risk reward of 4:1 is good, but Micron has legs at the moment and no sense in standing in front of the train. What you think?


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