Recent content by swissarmyknife

Understood, and thank you for your additional pointers and explanations.

Thank you, yes absolutely, "covered calls". In the second scenario you expose (price of $47): "you get to sell another call option". How would I know that the first option I sold is no longer valid / has expired, thus allowing me to sell again? If I understand correctly, those calls are valid...

I *think* I understand the general principle of call options but I still have much to learn: thanks in advance for helping me out in understanding things further. 1) Assuming I bought n shares of X at price P and plan to sell when it reaches 2P, regardless whether it goes up further...

Thank you, Robert. Unfortunately I'm not a US resident so not sure it would be worth your time? Would love to have some pointers though!

I'd love your clear explanations on something I still struggle wrapping my head around, despite reading IB's documentation and messaging them. I'd specifically like to understand how to day trade stocks without having to wait for trades to settle and without using any leverage/loan whatsoever...