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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe) -- Ignore unavailable to you. Want to Upgrade?

To: ---------- who wrote (587)	1/23/1998 8:51:00 AM
From: Madpinto	Read Replies (1) \| Respond to of 2241

I hesitated putting number 3 out there because I knew it would be confusing, and it really does not apply to the public. I decided to add it for two reasons. The first being accuracy and the second has to do with questions I have received before. Have you ever seen a deep in the money call spread ($5 between the strikes) trade a large amount at a $5? Usually in these situations, each party will exercise the calls and, assuming the stock gained from exercising exceeds their short position, they can sell stock long.