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To: SecularBull who wrote (91210)1/25/1999 3:53:00 PM
From: Lucky Joey  Read Replies (1) | Respond to of 176387
 
LoD,
Regarding your IBM April $175/$185 bull spread, what to do if IBM stock price increases to $190 or more before the expiration data of April? One the other hand, if IBM drop below $175, are you going to lost all your $15K? ( or close you long position before IBM hits $175?). I like to know your follow-up actions of the spread.

Thanks.



To: SecularBull who wrote (91210)1/25/1999 4:02:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 176387
 
LoD I did say IBM was easy money didn't I?<g><eom>