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royg1927

09/14/06 1:15 PM

#715 RE: gloe #714

I prefer the 40's straight up. On at .875 average.
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farooq

09/14/06 1:54 PM

#717 RE: gloe #714

If you do one leg at a time buy on bid and sell on ask your debit is 0 .15 cents, if exercised reward is 666% - commission for one month, and suppose QQQQ continue to go up you can buy them back (short leg) and increase your chances, Spread is usually a superior idea because of time decay and uncertainty.
JMHOP.
Farooq