SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Options

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Poet who wrote (1375)1/20/2000 12:27:00 PM
From: the options strategist  Read Replies (1) of 8096
 
Poet, credit put spread can be considered a covered put. Example, i buy 130 put for $5 and sell 140 put for $10. this will give the a credit of $5.

I cannot make anymore than this. The same as naked puts only I am covered with the long put. I can only lose the $5. 10=$10-$5 I received for opening the spread.

I can go into this more adequately when I put the spread on if you wish.

I am just getting back into the market this year after a post holiday vacation and not feeling too good about placing any new positions and may wait until Tues.

jj

PS we do have things in common. my background is also in psychology and clinical social work. i am currently changing my practice to working with coaching traders with emphasis in behavior/personality and trading strategies (or something like that) :))
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext