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Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call -- Ignore unavailable to you. Want to Upgrade?


To: Win-Lose-Draw who wrote (805)2/6/2003 1:39:31 PM
From: sun-tzu  Read Replies (1) | Respond to of 11447
 
it's a credit spread...so, you sell the puts at a higher srtike and buy the puts at a lower strike. for example you sell 10 jan, 2004 55's and buy 10 jan, 2004 45's. your account then gets credited $10K.



To: Win-Lose-Draw who wrote (805)2/6/2003 2:13:20 PM
From: Jeffrey S. Lillie  Respond to of 11447
 
its a spread. you sell the 55's and buy the45 for a net credit to account
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