Replies to post #351180 on NorthWest Biotherapeutics Inc (NWBO)

[exwannabe]

Selling a naked put is the same as buying the stock and selling a covered call. Either way you own the stock if it closes below the strike, and not if it closes above. The cash will just about balance as the arbs will keep it right.

So $999 to explain covered calls? No thanks :-)