out of the K/M spreads so many times that at times I was feeling like a big time trader like Dewey. I actually bought as high as -1.70. On one occasion I bought five in the -7.5 area and was able to cash them in for my profit objective. Then the spread retreated again and I scaled back into seven with the low price being -7.95.

I don't think I will add any more but will concentrate on dumping the ones I have left. If it gets up to -3.00 I will take out a bunch more and be a happy trader.

This I know, Ed, I wouldn't have made these trades had it not been for you sensitizing me about its potential and so I thank you for being a patron of this forum.

Best wishes,

Doc