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

To: jjs_ynot who wrote (670)	3/13/1999 1:31:00 PM
From: dealmakr	Read Replies (2) \| Respond to of 2317

dave, Always a bit more premium on the puts as compared to the calls. Compare; OEX 648.27 OEYOD Mar 610P 9/16-5/8 (about 38 points out) OEYCP Mar 680C 1/4-5/16 (about 32 points out) Crash protection on the put side means higher premium as markets fall faster then they rise. I usually don't spread the put side as I don't want to expose myself to any crash scenarios, but that doesn't mean that it isn't a good play. They will keep those quotes tight though to prevent making a decent spread without going to a 15-20 point difference in strikes for deep OTM options. Premium not too bad in the 635/630P's, looks like you should be able to get a point or so. Will be checking some open interest numbers and try to determine the MAX Pain Point. Good Trading Dave