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Strategies & Market Trends : Option Spreads, Credit my Debit -- Ignore unavailable to you. Want to Upgrade?

To: ccportfolio who wrote (165)	6/24/1998 3:42:00 PM
From: Tom K.	Read Replies (2) \| Respond to of 2317

Pardon me for being slow. I'd need to understand how you figure this. Since I have not traded his strategy, or read his most recent book, I'm a little short on understanding. However, I do believe that if you have a short spread that expires and the underlying is ITM, you make up the difference less the credits. With indexes, this is cash and can be substantial. There is no free lunch.... be cautious, deliberate, planful, patient, and most of all not greedy. Any one of these guys will snatch your money before you can blink.... on the other hand, it is possible to get theirs. Tom