I posted this to educate myself further bro.....thanks for ur help....I’m doing covered calls on stock I already own so I know there’s little risk...
so if MJ drops .50 cents tomorrow I can “sell to close” ??? And their wouldn’t be any penalty? Also would I keep the premium paid by the other party?
ok thank you..when would I use “sell to close” and why?
I only lose the div if it hits the strike price correct?
So I have 100 shares of Mj and wanted to do a sell call on it.....do I choose sell open or sell close and why? I use E*TRADE and if it does hit...
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