Recent content by MarcViera

Thanks for the response, appreciate it. So you can sell a naked call option that is not backed by stock? I don't have any intention of exercising the 1300c but instead would like sell it before expiry. In order to close the spread I would have to buy the 1800c?

Hey guys I'm currently looking at doing a Jun 22 1300/1800 call spread but have a few questions as I haven't done this before. From what I understand: Max risk = $5,320 Max gain = $45,000 Call spread calculator: Buy and write two calls at different strike prices In order to sell the 1800 call...