I can’t add! In the last article on option trading, I said my net premiums on BHP were $0.495. The numbers given add up to $0.595! Actually now that I’ve checked my trading statements the after commission premiums are $0.4593.
I pulled out my written trading strategy ;). It told me to write 5 BHP April 9.73 calls for $0.20. The cummulative after-commission premium is now 0.6374 and I am in profit at above $9.35
If BHP falls back down to below 9.00 I’m in the red again.