Covered and Uncovered Calls in Margin Accounts - Online

This course covers the more complex margin requirements and calculations for covered and uncovered call options.

This course replicates the content from lesson 4 of Margin II: Advanced Margin for Options - Online

This is an asynchronous eLearning course that can be accessed 24/7 from any internet enabled computer. Subscription period for this course is 90 days.


Students will be able to:
  • Identify basic characteristics, regulations, and requirements of covered calls in margin accounts and compare level of risk with that of uncovered calls
  • Recognize basic characteristics, regulations, and requirements of uncovered calls in margin accounts
  • Perform margin calculations for in the money, at the money, and out of the money uncovered call options
  • Calculate margin requirements for new vs. established uncovered calls
  • Compute Regulation T excess and identify how to apply the results
  • Recognize what is meant by a 'buy-in,' 'expiration,' and 'assignment' of an uncovered call
Covered and Uncovered Calls in Margin Accounts
  • Covered calls
  • Uncovered calls
  • Covering and expiration of uncovered calls