How do you reduce cost of trade when selling options?

Discussion in 'Options' started by bmoney, Dec 30, 2020.

  1. SPAN is for futures/futures options only. You can, however, reproduce the great success of OptionSellers.com or of LMW (I am trying to recall the exact ticker).
     
    #11     Dec 30, 2020
  2. bmoney

    bmoney

    Ah I see. Lol I ain’t that risky. I just wanna initiate a spread without locking up my whole acct for half a month for about a 1-2k gain
     
    #12     Dec 30, 2020
  3. caroy

    caroy

    Narrow your spread or trade the spy instead. With a 40k account tying up a max risk of $4500 is more than 10% of your capital risked on one trade? Am I missing something here?
     
    #13     Dec 31, 2020