SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Mohan Marette who wrote (91193)1/25/1999 2:59:00 PM
From: SecularBull  Read Replies (2) | Respond to of 176387
 
Bought an April $175/$185 bull spread on IBM for $5. Anyway you go, it looks as though you're limited to a ~100% return on the spreads in most combinations. This particular spread allowed me to buy 30 contracts at $15K for a return of +$15K if the deal works. If they announce a split, it's money in the bank.

Regards,

LoD