November 10, 2024

For Option Sellers – Good Friday Comes Each Month

Good Friday #GoodFriday

By PAUL PRICE Jul 18, 2022 | 07:00 AM EDT Stocks quotes in this article: DBI, SIG, FDX, LPLA, TPC, GFF

Option writers, also known as option sellers, attempt to profit from selling “time”, a raw material which has a zero cost of goods soldCovered call writers get paid for standing ready to sell a stock above a preset price, through a specified expiration dateNaked put sellers collect money up front for standing ready to buy shares at a preset price,…

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