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Strategies & Market Trends : Option Spreads, Credit my Debit -- Ignore unavailable to you. Want to Upgrade?


To: jjs_ynot who wrote (1536)7/17/2000 10:13:31 PM
From: KFE  Read Replies (1) | Respond to of 2317
 
Dave,

With 300+ point cushion for four days you look pretty good.
Curious though as to when you might cover if NDX starts to run strongly. If covering would you pay the asked on the short cover or would you risk it running by your limit.

I have never traded the NDX because the bid/asked spread looks obscene. Do you enter your orders as spreads and how much do you try to cut the bid/asked spread.

I have several put and call credit spreads for July and they all seem safe to expire worthless except an OEX 825-830 call spread which I will probably leg out of by covering the short side if the OEX breaks 825.

Good luck.

Regards,

Ken