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Wednesday, June 1, 2011

183/365

So...

Buying a call is bullish, buying a put is bearish.
Selling a call is bearish, selling a put is bullish.

There are two ways to cover call positions...
  1. own the same stock in inventory 
  2. buy a call... write one and buy one... when you call, I call!

There is one way to cover put writing...
 1. When you write a put, buy a put. 

That's about all I know.

HELP! :)



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