Like I said, I'm learning slowly and taking baby steps. I will show my ignorance and say that I don't know what you mean by put size exceeding my notional. If you mean exceeding my means, the answer is no. Or if you refer to margin, it's a cash account. I have about 61% of my account in...
Instead of always implying that selling cash-secured puts and covered calls is a fool's game, why don't you tell me how to do it? I have a significant cash account that's been successfully traded for the last 3 years using CSP and CC., but learning a better way is desirable. My trades are 95%...
It seems to me that the same thing would happen if you had bought the stock. Less the premium received. A loss. I don’t sell CSP unless im willing to own the stock.
My experience as a newbie who has been trading cash-secured puts and covered calls, for about two years, and certainly don't have a complete grasp of options. It's a complicated subject, and I'm afraid that I'm too old to learn many new tricks.
1. I trade about 15 major companies' stocks that...