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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Kayaker who wrote (2657)10/13/2001 3:10:55 PM
From: AnnaInVA  Read Replies (1) of 5205
 
Kayaker, stupid question re your shorting the QCOM Jan 70 put. Does your broker "take out" $70k out of your margin "allowance" or the net of $ 42.90 ? And either way, this amount of money now sits "untapped", ie. can't play with it.

I am just wondering if, from a % return standpoint, it would be more beneficial to go full margin, i.e. buy 2000 shares long and write in the money leap calls ?

.........expanding my horizon ......... :)

thanks,
anna
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