Recent content by bjn201

Ok I understand that, it appears that your original analysis about DITM options having no "extrinsic" value in the original instance is correct. The last column should be the price the FTSE can drop to and I would still remain in profit, correct? so e.g. the 6620 Call: The Breakeven...

Epiry is the 26th July, i.e. Friday, they are weekly options. the market price is correct at those strike prices (screen captured). and the price is the ftse cash. N.B. No assignment will actually occur, everything is settled in cash since thisi s spread betting. Surely the expiry date is...

Here are some ITM/ATM/OTM CALL options details: for market level: 3314.5 Strike Sell price 6520 96.1 6540 78.1 6560 61.2 6580 45.7 6600 32.1 6620 21.2 6640 12.8 6660 6.7 6680 2.8 6700 0.6 What is the correct formula to work out covered call profit and breakeven on these? Thanks!

Hi Everyone, I understand the theory of covered calls and have been looking into implementing this strategy in the following way: Buy FTSE 100 cash index Selling (writing) An In The Money (ITM) FTSE weekly call option I have been researching this on IG markets (spread betting) since this is...