the vast majority of traders using this strategy can't help but lose money over time. ok, so he had a target and wanted to make a little more....
your questions have been answered several times because there are more than a few helpful posts that answer your questions and go above and beyond...
i can't help myself but ask you this. you have over 1500 posts and have yet to grasp a very simple trade and are asking complete newbie...
yes, ofcourse, you will have made money if your stock closes about the strike price of the call at expiration. but like i said, your winning...
my advice to the op, i would not place any trade that i do not understand. i know i've started with the favorite of seminar sellers also, covered...
if he pulled 10% in a day, well then good for him, but he would have had to been really quick on his feet when the market reversed hard. all...
i'm sorry to hear of your losses and i really mean that. i called it quits with a loss of 12k but your losses are staggering! i know this is a...
The guy is correct! Well, for the most part. Covered calls = put selling. Risk is always that the stock you intend to buy or currently own will...
for tos, just go to the widget 360 tool and select 'implied volatility' and the month of options you want to trade. check the strikes you want to...
well, hopefully you have found your answer as to who is actually making money and i will add consistantly over long periods of time in the replies...
wow, this topic has brought a quite a few replies which is probably good therapy haha. i would also like to add, a couple of posts have...
just a note for why i have posted this topic. first, thank you all for the replies. no, i am not ashamed or afraid to admit to you all here...
i've come to the end of my option trading 'career' and the fantasy of making it. the downturn in the market and the latest extreme volatility...
with this market making huge swings you will hopefully cut that loss down or take it into the black. its just tough buying puts when the vols are...
just to add. always check the skews and always enter the price at the mid or better especially as you go further out of the money and in further...
just to add. consider options on futures as an alternative to a pm acct.
the pm allows me to do trades that i would never be able to do with span but let me just say that its probably not a good idea to max it out. if...
hi, just so you know, you are not receiving anything when you place this cc trade. you just 'hope to' by expiration. yes, you are selling a call...
as far as i know, if you are selling the put at 170 you are obligated to purchase at that strike and i don't think you would be able to make this...
hope you make money with this strategy of put selling/covered calls but it is more likely that you will eventually lose unfortunately and...
Separate names with a comma.