Selling_Options

[zivtheziv]

No buddy. not at all.

It means that $UNG for the example is at $22(give or take) and my call spreads is 25-30 so I make money if it will be below $25 and it's around 16% move up from $22 ( give or take) price right now to $25 plus the premium I got per spread let's say $25.3 so as long as it won't go up around 16% by the Dec expiration to $25.3, I'm making the income that I got.

I hope you understand.

If you want a lesson or something 1 on 1 on skype or understanding my math formula that I use feel free to PM me :)

Ziv