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


To: Dan Duchardt who wrote (5152)9/18/2000 6:50:38 PM
From: Poet  Respond to of 10876
 
Dan,

I so appreciate your going into the details of your WCOM trade here. It is evident to all of us here that you're an experienced options trader and it's a pleasure to have you elucidate your moves.

Since we returned from the last OIN conference, spreads have just fascinated me. I've initiated calendar spreads on T and EMLX, as well as a LEAPs butterfly spread on QCOM. I was thinking today about making my T LEAPs purchase a spread as well.

Anyway, please know that I'll be following along on your WCOM trade, and if Loffy convinces me <g>I might join in.



To: Dan Duchardt who wrote (5152)9/18/2000 8:09:01 PM
From: dli  Respond to of 10876
 
Dan,

a very interesting trade setup. Thanks for sharing and please keep us updated as to how it unfolds.

Dave



To: Dan Duchardt who wrote (5152)9/19/2000 5:05:18 PM
From: dli  Read Replies (1) | Respond to of 10876
 
Dan,

I just took a look at WCOM Jan 02 LEAPS and noticed that there seems to be two different options classes with root symbols WQM and WQZ. For most strikes IB is showing contracts in both classes, e.g. Jan 02 30 calls WQMAF and WQZAF. Prices seem to be in lockstep. Do you know what's up with that?

Dave