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


To: the options strategist who wrote (4660)3/12/2000 12:38:00 AM
From: the options strategist  Read Replies (1) | Respond to of 8096
 
Thread, hope I do not offend anyone when I ask you to please place this site on you desktop and click everyday for 2 cups of food for the hungry.

thehungersite.com

Thank you.
jj



To: the options strategist who wrote (4660)3/12/2000 1:43:00 PM
From: Bruce Ravelson  Read Replies (4) | Respond to of 8096
 
JJ,
Thanks for your sense of humor<g>.
How does this look for a bull put/credit spread on QCOM? (closed Friday @ $135)
Purchase April 130 put @ $9.625
sell April 140 put @ $14.625
credit $5.00
Close above 140 at expiration gives me $5000 per 10 contracts. Close below $130, maximum loss is $5000.

Thanks,
Bruce
P.S. I'm calling Wall Street Access tomorrow to see about opening an account.