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Ben,
in scientific circles, this position is called a "horizontal combombulation
spread". <g>
Seriously, it is a position with limited profit, unlimited loss potential.
Not advisable, IMHO. I'll send a graph for you to see for yourself later
when time permits.
Regards,
Michael Suesserott
-----Ursprungliche Nachricht-----
Von: proffittak@xxxxxxx [mailto:proffittak@xxxxxxx]
Gesendet: Thursday, January 25, 2001 14:16
An: realtraders@xxxxxxxxxxx
Betreff: [RT] qqq position/w/options
hello
bought qqq @671/2
SOLD MARCH 67 CALLS@x 7/8
bought Feb 67 puts@x 3/8
sold Feb 65 puts@x
comets welcome
Ben
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