Quote Originally Posted by ashauler View Post
It would be next to impossible for a pass, properly completed, not to increase in value during its course.

Significantly increase, I dunno, I guess it would be to each ones definition as to what is significant. It should not be the objective of the pass, but rather a by-product.
I completely agree that a properly complete pass should increase in value (not that I'm an expert, but from what I've gathered from reading this thread, in addition to others), "leave the pass better than you found it".

I guess I was wondering what the "acceptable" range was for a "put" to be over a "take". I understand that they should be as close as possible, but in the case of Rich's first listing of takes/puts, you singled out the trades that were over a $1 difference, which seems like a good guideline to me.