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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: NateC who wrote (10222)4/3/1999 11:49:00 AM
From: NateC  Respond to of 14162
 
I recall some discussion regarding what one can do with electronic trades...whether you can place a spread, strangle, etc.

I was playing with the settings in my Ameritrade account...and discovered (I don't think they even told me about this)...that there are 3 tabs..."basic, intermediate, and advanced". If you go to place an option trade..under the advanced tab.....there's a dialog box...after you specify which option, strike price,.etc...that you want...that allows you to specify "spread", "straddle", or "strangle".....don't know how it works yet....and haven't used it.

Usually I leg into the covered combination/strangles that I like...anyway....so might not use it...anyway....thought the thread should know...because there have been lots of questions about what various brokerages would allow



To: NateC who wrote (10222)4/4/1999 5:57:00 PM
From: Dan Duchardt  Respond to of 14162
 
Much thanks Nate for this clear introduction. Give's me a much better feeling for where things happen once I push the button. I'll make it a point to get a copy of Trester's book.


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