|
PureBytes Links
Trading Reference Links
|
FYI-I was unable to get this trade on even trying the dangerous legging in
method.Just too volatile.
john
>From: "Dr. John Cappello" <jvc689@xxxxxxxxxxx>
>Reply-To: jvc689@xxxxxxxxxxx
>To: <realtraders@xxxxxxxxxxxxxxx>
>Subject: [RT] Option update
>Date: Mon, 20 Dec 1999 13:27:36 EST
>
>For those with an interest:
>
>OPTION TRADES DEC/JAN TRADE
>
>For those of you that want to do the trade uncovered we are Selling 1340
>Puts and 1550 Calls. The put premium is much higher that the calls the
>1340
>puts are @ 10.00 and the 1550 Calls are only worth 2.50.
>
>For the majority of us that do the spreads covered the spread will be
>Selling 1525 Calls @ around 5.80 and Buying 1535 Calls @ around 2.80 or
>less. For the Puts lets Sell 1340 Puts @ around 10.00 and Buy 1330 puts @
>around 6.50. This will give us a spread of around 6.50 or $1625 with a max
>loss of $875.00.
>
>Last month only the covered put was put on at a profit.
>
>John
>
>
>
>
>
>
>
>______________________________________________________
>Get Your Private, Free Email at http://www.hotmail.com
>
>
______________________________________________________
Get Your Private, Free Email at http://www.hotmail.com
|