Covered Put
There is only one way for put writer to be covered. They must own a put on the same underlying asset with the same or later expiration month and the higher strike price than the option being written.
FYBMS, SYBMS, TYBMS and beyond BMS
Covered Put
There is only one way for put writer to be covered. They must own a put on the same underlying asset with the same or later expiration month and the higher strike price than the option being written.
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