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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?

To: Victoria Walley who wrote (13582)2/4/2001 11:17:43 PM
From: bobkansas  Respond to of 14162
 
I have used Scottrade as well. However, I have and am moving money over to Benjamin and Jerold Discount Brokerage. They let you do leap spreads, etc. in both non-IRA and IRA accounts.

For example, on Friday, I bought 3 NTAP 2003 50 strike leaps and sold 3 NTAP 60 march calls. The leap strike at 50 is as low as they go.

Bob



To: Victoria Walley who wrote (13582)2/5/2001 5:43:13 AM
From: garnett50  Read Replies (1) | Respond to of 14162
 
could someone please give me the CC 101 definition of a Leap Spread?
Thanks in advance.
(trying to learn here.)


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