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Options question?
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Posted 12/16/2007 10:37 (#261407)
Subject: Options question?


Northeast Arkansas
I recently purchased 9.20 sx08 puts for 39 cents. Turned around and sold 13.00 sx08 calls at .39 to pay for them. (long put/short call). In theory, this should give me a 9.20 floor and 13.00 ceiling, right? Never done these before. Good play or not?
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