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i tend to disagree. besides sprint, you also have under the same company - nextel, boost mobile & virgin mobile. boost & virgin are catering more to the younger crowd who can't [or don't want to] get into long term contracts at insane rates.

why not sell the FEB 11 4/3.5 P spread, it's "almost" a risk 3 to make 2 trade, or just sell the FEB 11 4 P outright.

if you are into ron ianieri's style of teaching, may i suggest his book: http://www.amazon.com/Option-Theory-Trading-Step-Step/dp/0470455780/ref=sr_1_1?ie=UTF8&s=books&qid=1275924350&sr=1-1 rarely do i purchase books new but knowing ron's stuff, i got this & was not disappointed. it is not for...

actually it's $5 per leg. it can get a bit expensive if you are doing 3-4 legged trades & if you are adjusting them too.