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Thanks jacksgavigan, I misread. Now I see the option positions that they're doing, I missed the fact that they are doing a bull-put spread and then a covered ca
by noname123 11y ago
Thanks jacksgavigan, I misread. Now I see the option positions that they're doing, I missed the fact that they are doing a bull-put spread and then a covered call.
Looks like they only make money on asset management fees and also commission fees; not on the spread of the option positions.
- jackgavigan 11y agoDon't forget the interest on the $21,000 (tiny though it may be at the moment).