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

To: the options strategist who wrote (4698)	3/12/2000 6:28:00 PM
From: Bruce Ravelson	Read Replies (1) \| Respond to of 8096

you are aware that your qcom spread has your short in the money (itm) and what this means aren't you? At the very least, I know that QCOM has to go up $5 before expiration. I see it as an aggressive position. Regarding a plan, I would go in knowing that I could lose $5000, but would be willing to close both positions to take some profit. I could see this if Q has a fast run up and I want to get out before a pullback. Is that plan too general? B