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Strategy # 3: Long/Short-Call Strategy, Covered Short Side

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Options for Swing Trading
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Abstract

The combination of long and short calls is appealing in many ways to traders, and it is risky when the short side is uncovered. However, does covering the short call reduce risks or does it only exchange one type of risk for another?

A fool bolts pleasure, then complains of moral indigestion.

Minna Thomas Antrim, Naked Truth and Veiled Illusions, 1901

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© 2013 Michael C. Thomsett

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Thomsett, M.C. (2013). Strategy # 3: Long/Short-Call Strategy, Covered Short Side. In: Options for Swing Trading. Palgrave Macmillan, New York. https://doi.org/10.1057/9781137344113_13

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