Normal
No special broker. I used to use etrade until they started asking for twice the risk.Yes, in your example the cash you will need is the difference between the two strikes less cash premium received. But I use my own cash. Never borrowed.So, yes, you do need something to risk (or else why would you get paid?) but I always use pure cash.
No special broker. I used to use etrade until they started asking for twice the risk.
Yes, in your example the cash you will need is the difference between the two strikes less cash premium received. But I use my own cash. Never borrowed.
So, yes, you do need something to risk (or else why would you get paid?) but I always use pure cash.
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