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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: Jon Tara who wrote (10873)5/22/1999 8:56:00 AM
From: David Wright  Read Replies (1) | Respond to of 14162
 
Jon,

I'm sure you are right about margin with options. However, I am wondering what they do with margin when you do a calendar spread using a LEAP in combination with writing a near term covered call? Of course, when you do a combined position like this, you give up the opportunity to leg into the Covered Call as the underlying stock lifts off the lower BB.

Dave