Options Action

Discussion in 'Options' started by aquaswim47, May 9, 2009.

  1. I was thinking of the EWC 21-25 spread and PBCT 17-19 call spreads. I am looking at an expiration ranging from 5-8 months on each. I am probably buying the $21 and $18 outright, respectively, but I am looking for your feedback.

    Any feedback would be greatly appreciated.
     
  2. Assuming you're interested in buying bull-call-spreads with those strike prices, you may want to short-sell the same option-strangle instead if you expect those stocks to remain range-bound, especially PBCT, and you can tolerate the potential risk. You'll have more "decay" working in your favor.