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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Art M who wrote (59506)1/22/1999 11:05:00 AM
From: A. Charles  Respond to of 61433
 
asnd
<<Anyway, I am long the calls (bull spread). Any arb plays here?>>

Long the calls too. Great opportunity here IMO, straight buy and spreads, but arbitrage on lu too rich for my accounts.



To: Art M who wrote (59506)1/22/1999 11:07:00 AM
From: Jan Crawley  Read Replies (1) | Respond to of 61433
 
I am long the calls (bull spread). Any arb plays here

Not an arb player; just an occasional options player. I am writing Asnd Feb 80 puts for premium or shares. Long 200 LU shares and wrote LU Feb-110 covered calls last week and got $9 premium.

I have 450 Asnd shares currently. How are you doing your bull spread?

Regards.