As usual, 1245 giving lots of useful information for retail traders due to his inherently helpful nature. I hope it is appreciated by all.
BTW, if you have a TD Ameritrade account I am pretty sure you can download and use the Think or Swim platform. Using the "Analyze" section of that...
There is some misinformation in this thread. While it is true that covered calls are essentially naked puts, it is not a conservative strategy. In...
So it's pretty simple. If whoever is running the room won't make available his/her performance records from the broker (not a spreadsheet or other...
Or maybe they should recognize how much more risky covered calls are than they originally thought : ) ...and btw, anyone who does not understand...
I wouldn't say "identical" but close enough. I'd prefer writing naked puts if I had to choose.
Exactly my point.
Daytrading done by someone who knows what they are doing is much less risky than swing trading. Not even close.
Yea, just sell naked puts instead if you like the strategy the original poster mentioned.
There is no way to capture the lost money but this is a better choice than writing covered calls. Few people realize that covered calls are...
Maybe you should just consider selling naked puts if you want to do this.
This is correct.
I think 1245 gave you accurate answers. You will need underlyings with high option volume. I don't think it matters much which strikes you trade....
I like IB, but this is pretty funny : )
You could check here to get an idea: http://www.optionsclearing.com/webapps/volume-query
Oh sorry. I didn't realize you were talking about a sim account when you said "live options demo". Thanks.
What is a live options demo?
Not sure exactly what you are asking, but generally one of two things have to happen for the option to trade at close to parity with the...
Or a "covered put".
You are a bit all over the place on your post. If you did post some hard numbers it would be easier to give you some examples using your numbers....
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