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To: gc who wrote (14766)5/5/1999 12:32:00 AM
From: slurper  Respond to of 41369
 
gc--- Finally someone with the right idea. This is a great opportunity to buy June calls real cheap and sell May calls at a slightly lower strike price. That lowers the cost. If the stock goes up your June call is worth far more than the May call at expiration. If the stock goes down the May call you sold expires worthless and you can sell June calls or wait for the rebound.


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