Post by
Goldbug52 on Oct 22, 2020 10:23am
Hey PI !
Your strategy of selling covered puts was intriguing to me. I tried to write some this morning but got a message that my order was under review and than was rejected. Do you have any idea why? I've had no problem selling covered calls. I use TD Waterhouse.
Comment by
prouditalian on Oct 22, 2020 10:36am
I wrote a few more today at 1.77 today... 1. you must have a margin account 2. you must enter sell/ PUTS / Uncovered is this what you are doing
Comment by
prouditalian on Oct 22, 2020 10:40am
they are NOT covered PUTS ....you want to write UNCOVERED puts
Comment by
Goldbug52 on Oct 22, 2020 10:46am
Yes to #1, although I don't see why it should make a difference. I'll try #2. Thanks for the reply :-)). Re: KL's AISC for this coming qtr, probably higher, maybe $800. This is probably due to moving so much more material to get those ozs. Fuel and other associated costs.