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Strategies & Market Trends : Option Spreads, Credit my Debit -- Ignore unavailable to you. Want to Upgrade?


To: KFE who wrote (623)2/21/1999 11:26:00 PM
From: NateC  Read Replies (1) | Respond to of 2317
 
Ken and Dave........is it a fair statement to say, "If one can place a butterfly spread (such as this one) with no debit, the only downside risk is if the underlying equity/index closes OUTSIDE of the range of either of the two long positions (higher than the call), or (lower than the put)
??