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

To: jjs_ynot who wrote (1782)11/17/2000 2:26:47 PM
From: KFE  Respond to of 2317
 
Dave,

By that trade, I assume that you believe that we have seen the bulk of this downside move in NASDAQ

I don't know about that but I feel very comfortable that AMD will be over 15 by Jan02.

Interesting Note: I prefer to do the equivalent put credit spread but in this instance it would have been a full point less. Also, the trade has the possibility of having the gain on the long side be long term and the loss on the short side of course be short term.

Regards,

Ken


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