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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: stubba who wrote (164777)4/17/2001 3:54:53 PM
From: stubba  Read Replies (1) | Respond to of 176387
 
IBM bull-put / bear-call executed

I legged into this iron butterfly spread for net credit of 95 cents

sold the apr 90 put and bought the apr 85 put for 60 cents net credit

sold the apr 110 call and bought the apr 115 call for 35 cents net credit

let's hope IBM closes between $90 and $110 this friday for a return of approx 23.5% exclusive of commission for less than 4 days