Sold the CZ 12 1000 calls for $400
Very interesting Optsonly, keep'em coming.
I have been writing options on futures this year in my Sipp pension account.
Do you follow James Cordier of Liberty Trading Group.at all?
Brit
Sold the CZ 12 1000 calls for $400
Margin for selling options: "Usually" the margin required to write options is about 2X the premium collected. Contact your broker for specifics. Also, some brokers might not allow new traders to write options if they are new to trading. Brokers have to cover themselves as well against potential unlimited risk. I would too:cheesy:
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