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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: EnricoPalazzo who wrote (212)4/24/2001 4:25:33 PM
From: Uncle Frank  Read Replies (2) of 5205
 
>> I'm looking into the idea of writing OTM covered calls and OTM covered puts.

Fwiw, there's no such thing as a "covered put". Perhaps you are addressing the fact that you have cash or margin available to buy the stock if it is put to you. In that sense, all short put transactions are covered due to brokerage requirements that you have sufficient margin to enter into them.

duf
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