I neglected to mention that my previous post was based on selling out-of-the-money covered calls, not in-the-money covered calls. blackjack
Let me try to lay out the scenario one more time. It doesn't seem like I communicated my idea clearly, though I am also very aware that I am new...
here's the latest in my efforts to place orders smoothly with IB. Bottom line, IB is kicking ass (ie, doing great) I have discovered that...
I forgot to notice that a big chink in the above scenario would be that you would need twice the capital to gain the same return. So, instead...
Everyone: Thanks for your input and feedback as I slowly become more educated in this interesting subject of options. Here's a scenario I...
i just got superstormtracker. It took several days of e-mails back and forth to get the thing cranked up. My first problem is simply...
Zboy2854a: You had written: "You can't really consider it a "good" thing if your account started with $5K and now is at $1250, no matter...
Zboy2854a: Nice reply. Really addresses where I am at in my learning curve. I made the post that follows yours before I had read your post,...
I guess what it boils down to is that by buying covered calls in solid "reality-based" stocks (stocks that are not at all likely to go down to...
I'm not sure of my terminology, so I will simply explain what I did in my own words: 1) At first, I had been using the IB trading software that...
I'm brand new at options. I've never made an option trade. I need a critique of the strategy I'm considering. It has "too good to be true"...
I am a relatively new IB user. I had been most dismayed at what seemed to be the "clunkiness" of their software. But those commissions...! So...
To anyone getting acquainted with IB, I highly recommend this supplemental tutorial on IB: http://www.enthios.com/trading/interactive_brokers.htm
Separate names with a comma.