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


To: Richard Gibbons who wrote (82198)7/9/2000 11:31:24 AM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Richard, Not really. A credit put spread sounds good in theory, but when you check out the prices, it doesn't look good at all, as the bid to offers are way too wide. Ditto for a butterfly spread. You need a rebate to make this one work. And I don't think many firms will pay much of a rebate on a low priced stock like this.



To: Richard Gibbons who wrote (82198)7/11/2000 10:28:33 AM
From: TimF  Read Replies (1) | Respond to of 132070
 
To me, this is begging for short stock, short put, long call position, to just collect the short rebate on the net credit for a year

What is a short rebate?

Tim