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To: Cynic 2005 who wrote (6600)10/30/1997 10:51:00 AM
From: yard_man  Read Replies (2) | Respond to of 18056
 
Thinking about a spread on AOL. Maybe around April 75. Sell the calls, buy the puts. Use the net credit of ~4 to get near term 80 or 85 calls for protection. Keep buying protection each month. What do you think? This ship has got to flounder by April, right?