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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?


To: Jill who wrote (13575)2/3/2001 7:41:26 PM
From: BDR  Respond to of 14162
 
If you own the LEAPS or the Call and short a Call of equal or shorter expiration on the same equity you are creating a spread, not selling it naked. Spreads are a level or two lower on the scale of option privileges than naked calls. You can view and download the options form from the Fidelity website.