Recent content by schpundoolas

Thanks for your replies guys. Much appreciated. I wil only be executing this strategy on blue chip stocks. I pressume that when the underlying stock starts to drop I can still close out the position at a profit as the option starts to decline as well. No need to hold it until expiry.

Greetings all, I am new to this forum, and also relatively new to options trading. Apologies if I write things that are too obvious etc. I am starting to delve more deeply into other options strategies besides the usual long calls and puts for hedging. One of the strategies I am looking at...