My bull put credit spreads require me to have a lot of buying power. They require way more buying power than the credit you receive. Anyone else with this problem? I'm only getting $6/contract
Also, I understand that it's designed to be this way, but I'm wondering if my broker is requiring over-the-top buying power. I'm on Robinhood, but planning to switch to Fidelity eventually
Thanks Greg
Take Profit in DaxCall
+ 23 %
$PFE looks like a good small short, I suspect some bad news, to reinforce the pysche
My bull put credit spreads require me to have a lot of buying power. They require way more buying power than the credit you receive. Anyone else with this problem? I'm only getting $6/contract
Also, I understand that it's designed to be this way, but I'm wondering if my broker is requiring over-the-top buying power. I'm on Robinhood, but planning to switch to Fidelity eventually