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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Brian Fukuba who wrote (17675)	3/31/1998 12:50:00 AM
From: AlienTech	Read Replies (1) \| Respond to of 50167

>>Haven't really thought of that: using time as another variable to manipulate the spread into your favor and lock in some profits.<< No thats a different kind of spread where you buy the MAY 1100 puts and sell the APR 1100 puts. I like to do that with stocks, like I bought the PMCS MAY 40's puts at 4 3/4 and then sold the APR 40's the next day for 4 1/2. Still got 1/4 in it but I can also right now close it out with a 1/2 gain. I am looking to buy some PMCS @ 33-34 but with SEMI's you never know, one day its trying a new 52 weeks high the next week its trying to crawl into a hole so some kind of protection is necessary never knowing if the worlds ending tomorrow.