stepandfetchit replied to the thread Cash/Margin Requirement for Vertical Put Spread.
Reading between the lines here, but since I do not know your broker, the rejection reason may also be inaccurate! I think you indicated...
Aug 10, 2022 at 5:08 PMReading between the lines here, but since I do not know your broker, the rejection reason may also be inaccurate! I think you indicated...
Aug 10, 2022 at 5:08 PMK. Your risk is $5.00 but since 3.80 credit received, overall risk should be 1.20 ($120) ignoring assignment and related issues. Note:...
Aug 10, 2022 at 1:47 PMI would hope you are not seriously considering such a trade! You are taking a bullish position on a bearish product. The long time...
Aug 10, 2022 at 1:22 PMFWIW: In case it may not be clear: VIX is the untradeable index, which is a computed value: see:...
Aug 9, 2022IFF you were approximating a covered call, your underlying would be /VXF23 -- using the wrong underlying (next month) is overstating...
Aug 9, 2022K.. Now I understand! Ouch! It seems that will severely handicap you in improving trading performance. -- Beware that covered calls on...
Aug 9, 2022I'm handicapped as follows: I've only a CashAcct. Many option combinations are not possible with a CashAcct (only "covered" trades are...
Aug 9, 2022RE: collateral: This would not work? [ATTACH]
UVIX can be a nice product to trade.
Aug 9, 2022Good news: My scanner just found a replacement using UVIX with slightly less projected outcome, but that's 'nuff for me... :)
Aug 9, 2022I am guessing a bit, but would something like this be close? -- Change the strikes to dial in what you want. [ATTACH]
While I see no reason to desire a Covered Call on $VIX.X, The underlying would actually more appropriately reference the /VX Futures...
Aug 9, 2022