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

To: dealmakr who wrote (667)	3/13/1999 8:23:00 AM
From: jjs_ynot	Read Replies (1) \| Respond to of 2317

Looking at OEX spreads going into exp. week. Market looks like it could go either way.

To: dealmakr who wrote (667)	3/14/1999 12:12:00 PM
From: KFE	Read Replies (1) \| Respond to of 2317

Dave, <<Sold 1/3 @ 3 1/4 Kept 1/3 long Opened spread by selling LMDAB @ 2 on remaining 1/3>> Nice dilemma to have... do you take the short term almost triple or lock in a profit and still play. Looks like anything above 9-3/4 at expiration and you made the right decision. Have you looked into the new sector SPDR's and the options on them. The technology (XLK) and energy (XLE) have the most action. Strike prices are $1 apart! Premiums are very low on XLE but that could change with probable increase in volatility. Rarely do straddles but these look appetizing. Be careful getting quotes on these, the normal strike price symbols don't apply. Nice trade on MRL. Ken