Option writing RCOM

S

soody

Member
#1
#1
I have been trading in derivatives for around an year or so. I have not written an option so far. I have an idea to sell RCOM 390CA for around 40 when the spot price comes near 430. I already have a 420CA which i bought for 5. At the worst will i loose any money???(spot price around 427)
Anyone active writers .. pl advice:)
 
B

beginner_av

Well-Known Member
#2
#2
First stop writing calls and start reading about options. My other suggestion would be to sell 420CA and take the profit.
When u sell call u sell maximum fluff or time value....

Regards
 
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