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Covered Call Basics

The Covered Call Defined A covered call is the sale of call options against shares of stock the seller already owns, or bought specifically for that purpose. …

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How Does Delta Change Over Time?

How accurate is our delta model in the real world of options? The following table illustrates current- and near-month deltas on Nvidia Corp. (NVDA) when the …

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Options Delta

One of the so-called “Greeks”, delta measures how much an option’s price moves as a result of a $1.00 price change in the underlying stock. Note that …

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How To Buy And Sell Options

It is market wisdom that smart option traders buy cheap options and sell expensive options. And indeed, we frequently see that the ideal option to buy will be …