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To: SecularBull who wrote (638)1/4/2000 3:28:00 PM
From: taxman  Read Replies (2) | Respond to of 8096
 
well ok. even so it makes more sense to buy one or two calls, say, than to do 10 spreads. that was my point. i don't see the advantage of the spread other than to run up your transaction costs.

regards