Nah. from the videos I've seen on selling naked Puts you gotta have bigtime dough in case those Puts got assigned and you gotta shell out $150,000 for some stocks you really didn't want to own in the first place.
It's less than a 100% cash backed put. I don't how much margin is needed though is you're selling them naked. If it's a credit spread (bull put spread in this case), I think the margin required is the difference between the 2 strike prices eg. sell a Spy put at 410 then buy a Spy put at 400 = around 1000 margin ((410-400) X100)).
I am buying calls for now, from what I understand I need more capital for credit spreads.
Nah. from the videos I've seen on selling naked Puts you gotta have bigtime dough in case those Puts got assigned and you gotta shell out $150,000 for some stocks you really didn't want to own in the first place.
I am selling puts!
Nice.
I’m gel
How far out of the money do you typically set up the credit spreads?? Using a delta value? A percentage?
Thanks bro. Appreciate that. Read “not so random” thanks for the content
Am I missing something,because credit spread for me is cheaper way cheaper than puts
It's less than a 100% cash backed put. I don't how much margin is needed though is you're selling them naked. If it's a credit spread (bull put spread in this case), I think the margin required is the difference between the 2 strike prices eg. sell a Spy put at 410 then buy a Spy put at 400 = around 1000 margin ((410-400) X100)).
Great because the time put into learning this needs to be shortened