Diagonal Spreads: Cousin to the Covered Call
Summary
A covered call involves owning a stock and selling a call. The diagonal spread is a similar strategy that involves buying a call and selling a call with different strikes prices and different expirations. Why would you choose the diagonal spread and how do you make the trade using the E*TRADE trading platforms?
Speaker
AVP, Investor Education at E*TRADE from Morgan Stanley
Karl is Assistant Vice President of Investor Education with E*TRADE from Morgan Stanley.His background covers education, complex options strategies and risk management. Karl has extensive experience training and educating on complex trading strategies to traders with various levels of trading knowledge. He leverages his years of experience in customer-supporting roles for insight and direction when shaping his approach to education.
His undergraduate studies focused on Finance & Insurance. He now holds the Series 7, 66, 3, 4 & 24 licenses.