Paul,
Forgive me, I"m not sure that I understand your question.
You're looking at a call option and a put option in the February option
chain for SPY. Perhaps if you provide us with the strikes and a little
background on what you are trying to do, we could then provide some
feedback.
Christopher Smith
TheOptionClub.
--- In OptionClub@yahoogro
>
> I see a call and a put on index spy, feb 2010 sptbd and sptnd; 1120
price. sell at $66.
>
> Now the price is $59.
>
> should I buy back before expiration? or let it expire? why?
>
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