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To: BGR who wrote (81230)11/18/1998 10:33:00 PM
From: Don Martini  Read Replies (2) | Respond to of 176387
 
How about this spread combo, Apratim?

Use puts to cover the gap between cost of lower call and sale of higher one. Of course they can be rolled out, and down, if necessary.

Buy Jan MSPG 50C @ 13

Sel Jan 60C @ 8 1/2
Sel Jan 50P @ 5

No cost if stock closes 49 1/2+
Any close over 49 1/2 is profitable
At $60 maximum profit is realized: = $10.50

I like this, share some of your trade ideas, please.

Thank you, Apratim!

Don