The decision from Australian Clearing House, the clearing house for Australian Securities Exchange (ASX) to reject the security as collateral for its own option has shown to the world that perhaps ACH does not know the real effect of what they are doing. If you are option trader, in particular doing this covered call aka buy write aka share renting, or option broker or anybody else that understand option, you will need to know this bungle and found out that the solution is pretty damn simple. Keep reading.Read More
Tag: covered call
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