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


To: jjs_ynot who wrote (1093)1/4/2000 11:16:00 PM
From: KFE  Read Replies (2) | Respond to of 2317
 
Dave,

What do you think of some call credit spreads around 800 in here?

I still have my 800-805 credit spread working, it never hit my cover point of 800. The same spread now would get only a 1/2 pt. credit. The 805-810 could be put on for the same credit. I usually don't do any credit spreads for less than $1. The 800-810 could be done for 1 1/4.

Trying to figure strategy based on closing prices hasn't been of much value recently because of gap openings. Right now I don't see any OEX plays that look attractive but that could change tomorrow morning.

I see that you have started posting on the RB thread.

Regards,

Ken