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Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?


To: edamo who wrote (3120)2/17/2000 12:49:00 PM
From: Poet  Read Replies (1) | Respond to of 8096
 
Once more on the synthetic long for the options impaired, please:

Sell 2 LU 2002 LEAPs puts (55 strike) WEUMK for $13 1/4
Buy 1 LU 2002 LEAPs call (45 strike) WEUAI for $20 3/8

Is this the gist? It looks good to me.

No cookies here, just leftover lasagne for lunch before my termite inspection. Of my new house, not me.

Poet,
bugless <g>



To: edamo who wrote (3120)2/17/2000 1:14:00 PM
From: Jill  Read Replies (1) | Respond to of 8096
 
Placed limit orders to sell 02 55 and buy 01 45...Loffy had a good point but I did it as a semi synthetic long in that selling did not quite cover buying but close enuf. May end up exercising anyway. Thanx eduardo



To: edamo who wrote (3120)2/17/2000 8:10:00 PM
From: John Madarasz  Read Replies (1) | Respond to of 8096
 
ed... thought you might enjoy this

boards.fool.com

Always a pleasure reading your posts. Best Wishes...

JM