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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (79761)4/17/2000 2:20:00 PM
From: Searey  Read Replies (4) | Respond to of 132070
 
Here's one for the archives...UNREAL!!!!!

zdii.com

Enjoy! Searey



To: Knighty Tin who wrote (79761)4/17/2000 6:28:00 PM
From: Terry Maloney  Read Replies (1) | Respond to of 132070
 
Thanks once again, Michael. I think I get the basic idea, but I'm missing something ... either the premiums just aren't fat enough today, or I don't see how these spreads are low risk.

I took MU as an example and looked at the July calls ... it seems you'd be getting roughly $2 credit for every 5 points of spread you took on, which makes it a "three'll get you two" bet?

Btw, did you notice the bond's reaction to today's shenanigans? <g>