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researcher59

12/21/10 10:41 AM

#64042 RE: derek2000 #63950

YONG call spread looks attractive. I just bought the Jul 8 calls and sold the Feb 8 calls for a net debit of $0.85 - that was nicely inside the net bid/ask spread of 0.60 to 1.00 for the combo.

It's usually better to enter these type of transaction as a combination trade with a net debit (or credit) rather than as individual legs .... one typically gets a better price from the market maker this way.