4.22.2014 New Trading Account: Trade #1 for Cash Secured Put in WYN
Comments
You say cash secured, however if it closes lower, I guess you'll sell a call against the stock that your assigned......good info......Bobo
Where would you set the covered calls (premium & exp) if called out? The premiums are pretty high right now but of course they will be down then. I assume you want to get your money out asap as well as make a profit? Will be watching with interest (no pun!) Bill