[realtraders] credit spreads(puts and calls at same time) {01}

[Proffittak@xxxxxxx]

In a message dated 11/29/99 7:05:18 AM Eastern Standard Time, 
jvc689@xxxxxxxxxxx writes:

<< Dear Ben,
 
 I do not follow OEX as closely as S&P so permit me a few questions:
 
 1.How far out per cent wise are your numberes from the close on wiching Fri.
 
 2.What premiums and cost do you have on the four positions and do you 
 pre-determine what is acceptable.
 
 3.How long does it take to get filled.
 
 4.You can do the same thing with conventional S&P option Strangles and put 
 your protection above the sell price as you do but it takes at least 2 to 3 
 days to get filled at decent prices.
 
 Appreciate your comments,
 
 John
  >>
Hello
you can do same in sp500  futures
you take  the trade as a  spread  and   put it in at the SAME  time,,
you  do  5%above and 5%under current prices
i look for   $3000  to make  compare to Max loss of   5000 (minus credit of 
3000)
and here also  you make 9 out of 12 month money
Regards,
Ben