Thanks very much for a great presentation. I am interested to subscribe and have a few questions.
Using the bear call spread example (56:50m); sell Aug 14 $101.43 call, buy $103.57 call):
1) Can we sell a call if we do not already own AAPL?
2) I notice you use a net credit amount calculated from the mid-point prices. Don’t you have to specify the bid price (when selling) and the ask price (when buying)? Or do you put in the order specifying a net credit of at least $0.23 otherwise the trade does not go through? I’m trying to understand how the mechanics differ from selling a stock at a limit price.
i can listen to this all day,thats how good the lessons are!simple and safe!!!!!!!!!!
Thanks for sharing. I'm almost ready to become a subscriber of the service.
If any trade starts to go against you what's your usual stop loss percent wise?
Thanks very much for a great presentation. I am interested to subscribe and have a few questions.
Using the bear call spread example (56:50m); sell Aug 14 $101.43 call, buy $103.57 call):
1) Can we sell a call if we do not already own AAPL?
2) I notice you use a net credit amount calculated from the mid-point prices. Don’t you have to specify the bid price (when selling) and the ask price (when buying)? Or do you put in the order specifying a net credit of at least $0.23 otherwise the trade does not go through? I’m trying to understand how the mechanics differ from selling a stock at a limit price.
Cheers,
Larry