Thank you for the in-depth reply, but I'm afraid I gotta hear it in simple language. Is shorting options the same thing as writing and selling an option? If so, when do I collect the premium?
Thanks again
Thank you all for your posts, I appreciate your replies. As a follow up, I spoke with someone at OptionsXpress and they told me that options writing is the same thing as short selling. Is that true? If it is, it seemed odd because when I tried it, instead of getting a positive amount of money...
Hi all, I'm newish to investing and am exploring all the possibilities. Concerning options, the strategy that I think is most in line with my philosophy is writing put options. I'm using the optionsxpress virtual account, but I don't see any way to write options in general (and their customer...