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To: Don Troppmann who wrote (21556)12/31/1998 6:23:00 PM
From: Sam Scrutchins  Respond to of 213177
 
This strategy is generally considered a slightly bullish, mostly neutral strategy. Also called "calendar spreads". Investor sells a near-term put option and buys a longer term put option, both with the same strike price.

Don, thanks for the information.

Sam