Morman
Max gain is your initial credit
Max loss is the difference between the strikes e.g $5 less the credit of $1...so $4
Margin requirement at most brokers is difference between strike prices less credit...some also use difference between strikes..without taking into consideration the...
Hi NVP
After reading your post...I also thought about the downside some more....especially if you were single...I imagine you would be bored alright especially if your mates were working a job...If i didn't have a family and helped at at school etc....I imagine I could get quite bored...Trading...
My Story is long and varied and has been an 8 year journey..
I have traded just about every financial market and product known to man while searching for the holy grail...I have made a lot of money then proceeded to blow out various accounts because of getting too cocky and greedy...nothing is...