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To: Think4Yourself who wrote (64248)4/11/2000 10:14:00 AM
From: Big Dog  Read Replies (2) | Respond to of 95453
 
I forget which of you posted about an OXY trade a few weeks ago...someone sold puts and bought calls. The stock was at about 17 at the time. Thanks to that post I bought OXY (now pushin 22)...I wanted to do a similar option play, but didn't have things set up in my account properly.

Trades like the one mentioned are smart. I encourage you smart folks out there to post more of such option combination trades. Often this is a way to reduce risk in a meaningful way and use leverage to boost the IRR.

big