Are u sure? The branch manager I talked to last week said no naked, and they were exploring cash-secured puts.
I am quite surprised that the ES (e-minis trading on Globex) is down only nine (1197.00), considering the almost certain devastation that is about...
Somewhere I read (months ago) that one trader tax professional--Robert Green?--has made the case to the IRS that transactions involving SPY, QQQQ,...
Hopefully one day SPY options, QQQQ options, OEX and SPX options, NDX, ES and SP options (all stock indices) will all be treated the same when it...
You must mean OCT puts.
At 14? How did you do it? I had placed a limit order (Interactive Brokers) on Sunday evening to sell the Sept 1215 puts at 13.75 limit and never...
Ozzy I do not at all recommend bear call/bull put spreads (far too much risk/short gamma), and I wouldn't know "coach" from Craig T. Nelson,...
Anyone who sells option premium, even in the form of bear call or bull put spreads, needs to be able to hedge, esp if the handles are wide (5 pt?...
I actually employ this monthly and have done well. I use near-month e-mini futures options, hedged with the nearest e-mini contracts. It might...
For calendars, I prefer to use calls over puts (even though doing it with puts tends to be cheaper), but riskarb is right: you're just doubling...
The closing price of dotm options is really irrelevant. The bid-ask spread for those things is very, very wide. The closing price is merely the...
Perhaps this person never lost on a covered call was because he did 1, or 5. But not many!
If one is short near term straddles, the key phrase is MONTH FROM NOW, if the move down from 40 to 36 takes place AFTER the near-term straddle...
There is no need for a straddle here. Do EITHER the call OR the put--doing both is redundant, because on a strong move, both the call or put would...
According to my experience, IB's approach to handling assignments is the silent treatment. One morning you'll wake up, and you think you are...
Yes, he is the Criswell of the markets.
I hate the term "covered calls." It sounds so benign, like your investment is being tucked in a blanket.
Yes, I agree with you. As I mentioned, selling puts makes more sense for many reasons, including margin.
Not quite. Synthetically, a buy/write call is equiv to writing a put, just like sell/write put is equiv to writing a call. The differences...
Put it this way: buying a call is the equivalent of buying 100 shares of stock and buying a put to protect those shares (unlimited profit...
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