Well, you could have bought Enron stock, and not received the put premium. I asked a guy at Schwab why they let anyone own a naked stock, but...
Well, mathematically it works assuming two things: - you have unlimited $$$ to keep doubling with each loss (in which case you wouldn't need to...
Yeah, I was going to add that I would never sell a NP or CC without some OTM downside protective puts. I guess that's still a spread (or a collar...
Thanks cnms2. Looks good.
Thanks Steve and Don. Maybe I'm making things too complicated here. My original idea was to generate some income from the spread premium. If I...
I'm just getting started (again) with options. I bought some OEX calls in 1987 and have a handful of single-sided trades since then. Now I am...
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