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To: ViperChick Secret Agent 006.9 who wrote (47804)7/14/1998 3:01:00 PM
From: WBendus  Respond to of 58727
 
It appears that the Bonds and the Spoos are auto-correlated today. Bonds rallied just after 2:00 and that is about when the spoos topped.



To: ViperChick Secret Agent 006.9 who wrote (47804)7/14/1998 3:56:00 PM
From: donald sew  Read Replies (2) | Respond to of 58727
 
Lisa,

Just created an in the money DJX strangle. Bought the DJX 93 PUTS for 13/16 and bought the 92 CALLS for also 13/16 so my total cost is $1.63. Since both sides are in the money the most I can lose is
63 cents. The DOW has to move at least 75 points in either direction by expiration or I will just leg out at different times with any fluctuation of 50 points.

Seeya