Hello,
Just started a small account to practice with covered calls, picked up 100 shares today and when I go to sell a covered call, it says my account can't sell uncovered calls. do I have to wait a few days for the stocks I brought today to clear into my account for it to see I own the 100 stocks?
Starting selling covered calls on IBKR
byu/Salt-Payment-991 inoptions
Posted by Salt-Payment-991
2 Comments
you probably have to opt in, look in the options or settings for something called “trading permissions” and have a skim through that!
I believe european options are different and you may want to look into it. Options on the US market give you the right to exercise and I think european you are forced. I would do your research