options chat FTW
Type: Posts; User: Faulkner_SA
options chat FTW
Yes you should be able to write calls against held calls. It's a covered position as you are long the stock at a lower price (assuming you write the higher strike and are long the lower strike).
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How do you own calls then? I just write them vs. my long calls. It creates bull call spreads in that case. I would think if you can be long calls you can be long a call spread... same option tier.
I'm around. Midas kinda covered it. Just really busy and IMO not much noteworthy with SIRI other than the Agero thing. The $2 bil buyback continuation was expected. LMCA selling back was...