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To: Dan Spangenberg who wrote (4652)2/1/1998 3:34:00 PM
From: hpeace  Read Replies (1) | Respond to of 4749
 
step into the spread one day next week.
if it looks like an up day on monday then sell the naked put first and at end of day buy the 30 put.
if it looks like a down day then buy the 30 put first and sell the 40 put at close.