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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: Dr. No who wrote (8341)	8/22/1998 4:22:00 PM
From: Vol	Read Replies (1) of 14162

re: commissions on spreads is there only one commission on a spread order? i assume on a call or put spread there is only one commission. what about a butterfly spread (a put spread and a call spread)? is this placed as one order or two separate spread orders? i assume two, and that there are two commissions. am i correct? plus, if you are assigned the short option in a spread, how is it covered? by the long option? how many commissions does this require? vol

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