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Biotech / Medical : Sepracor-Looks very promising -- Ignore unavailable to you. Want to Upgrade?


To: John Metcalf who wrote (843)5/6/1998 2:49:00 AM
From: Bob Swift  Read Replies (2) | Respond to of 10280
 
Talking about options, the OCT 50 CALL is 4.625 and the OCT 35 CALL is 14.625. Now if I write a covered contract of OCT 50 CALL and buy a contract of OCT 35 CALL, I will for sure make $5/share while still keeping the same number of shares. Sort of eating my cake and keeping it. Am I missing something ?