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leemalone2k3

07/07/12 9:22 PM

#114314 RE: ppzoptionsmil #114290

I sell credit spreads when volatility is expanded, or when options are overvalued and expected to compress. I buy debit spreads when volatility is low and expected to increase.

Different scenarios dictate what type of vertical spread to use.

If you could tell me a stock you like to watch, your expected target and the date you expect it to reach that target, then I could be more specific to your question.