Congratulations – You have earned Insider Status at Terry ...
For most stocks, strike prices are $5 apart (for stocks over $30) or $2 ½ apart for stocks under $30. More strike prices means you can be more precise in your monthly trading, and it is easier to sell some premium in an out-of-the-money option. If you have traded option spreads, you know that this is not always possible with most stocks. ................
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