Recent content by Mormon

I had already read his article. Is my max gain $100, lose $100, and is my cach balance held $1000

Hi, I am new. I have done some stock trading, now I am learning how to trade options. Any help is appriciated! Thanks, Mormon

Let's say you place a call credit spread on XYZ for 1 contract. You sell the 15 call and buy the 20 call. You received 1.00 for the spread. What is the max gain? What is the max loss? How much of your cash balance would be held as option requirements after this spread is open on your account?

Let's say you place a call credit spread on XYZ for 1 contract. You sell the 15 call and buy the 20 call. You received 1.00 for the spread. What is the max gain? What is the max loss? How much of your cash balance would be held as option requirements after this spread is open on your...