Thank you for the message. I enjoy reading your wise comments always. I am glad I could clarify the matter and save you 300 bucks. :) Your style of trading is closer to mine. I like to do verticals on stuff i like or dislike. Unfortunately i betrayed myself with an AAPL 200-220 march vertical and got out breakeven when it was weak last week. i left 1k on the table. oh well. .. next time.