omooc

An Options Primer

Your definition of "option" is vague. In 2nd para, you suddenly talk about "call" without defining it. Later, you talk about December call, without giving readers clues about its expiration date. You later talk about "don't sell puts" without defining what a put is. To my knowledge, the risk parameter of selling a put is almost identical to that of selling a covered call. The topic is too complex to be covered, haphazardly, in a short post. Do your readers a favor by simply recommending some good books on the topic. I have read quite a few, and am still learning. omooc