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Strategies & Market Trends : Selling Puts: Have Cash Will Travel -- Ignore unavailable to you. Want to Upgrade?


To: OX who wrote (855)1/21/2000 5:59:00 PM
From: tyc:>  Read Replies (1) | Respond to of 1235
 
Thank you. The April 105 call is 8 7/8 bid; and the put is 8 1/2 bid. So total premium is $17.37.

Upside break-even is $122.37 and downside break-even is $88.

Note downside break-even is right where I said lower BB is.

Do we agree that this credit range approximates reasonable expectations of a trading range ?