Option Trading: Cash Secured Puts on Webull Part 2

How to trade a Cash Secured Put on Webull!

This is Part 2 which demonstrates a way to sell a Cash Secured Put via the Covered Stock Strategy. To do this you must have 100 shares of the stock and select an Out of The Money (OTM) Strike Put. If you don't have the shares see part 1 on how to trade a cash secured put on using cash as collateral.

Part 1:    • Option Trading Cash Secured Puts on Webull...  

When trading options or stocks on Webull always make sure to double check your limit price. As Webull sometimes defaults to the Bid price for selling and the ask price for buying. If there is a large spread you can lose a noteworthy amount. DONT MAKE THAT MISTAKE! bit.ly/3y5HuuX

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www.justeasyoptions.com/Investing-Apps

#OptionTrading #Optionsonwebull #OptionTutorials

Disclaimer: This is educational information.
All Trades have risk that should be considered before entering any trade. Options carry significantly more risk than stocks.