Hi Toofuzzy, Ah, I'm beginning to see what you mean. I've never been charged a margin fee because I keep a significant amount of cash on hand.
As to a deep in the money CALL, you are asking for assignment once the purchase of the option is completed, right? If so then you make $100 on the deal, not much but not to be sneezed at either.
So, if I understand you correctly you look for a deep in the money call where the cost of the call and the cost of the stock/ETF combined total is less than the the current market price by as much as possible, right?
Thanks for your patience!
Allen
