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

To: jjs_ynot who wrote (1761)	11/9/2000 10:55:40 PM
From: Seldom_Blue	Read Replies (1) \| Respond to of 2317

You will find time premium will decay rapidly on your puts as we get closer to expiration. That is why I was going to wait for a spike down and leg into a spread. What is bothering me is that the puts barely moved when the stock was taking a dive. I guess I should have studied the greeks a little more. I will either leg into a spread or sell the puts in the next couple of days. We will see if the market cooperates. A call credit spread sounds good, I may try that. Seldom Blue