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


To: Investor2 who wrote (1719)10/27/2000 10:56:21 PM
From: KFE  Read Replies (1) | Respond to of 2317
 
Invewstor2,

So that means they can sell the stock to you for $25 and you can sell it to someone else for $22.50?

The plan is for the stock to be above 25 at expiration and for all the options to expire worthless for a profit of $1 per contract. Maximum risk is 1 1/2 if the stock closes at 22.50 or below at expiration. I also have the option if the stock is below 25 at expiration to own the stock at a cost basis of $24.

Regards,

Ken