Search results

What if this is done in a cash account such as an IRA ?

I have been looking at synthetic calls on the SPY - say long 100 shares spy and long 1 dec 07 ATM put. According to TOS analyze page my max loss until put expiration would be $491 . If I sold calls against my 100 shares currently at 144.31, could I not mitigate the cost of the put, which would...