SAXO not allowing to sell Covered Call for Risk Rating 6 equities.

I was trying to sell Covered Call on Huya and TIGR but SAXO doesnt allow me to.

even if I own 100 shares of each stock.

Please take note.

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  • Maria_yy
    ·2022-03-27
    Are you trying to short HUYA?
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    • wilsonkeat
      It is unreasonable. Even TIGR stock risk is also rated 6. I cant sell CC for TIGR too. Covered call risk is to sell all my 100shares if the price hit above Strike Price. Not risky at all.
      2022-03-27
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    • Maria_yyReplying towilsonkeat
      It seems that Saxo's stipulation is unreasonable.
      2022-03-27
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    • wilsonkeat
      No. Selling Covered Call only. I am owning 100 shares of Huya, but Saxo dont allow me to sell Covered Call options.
      2022-03-27
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  • DonnaMay
    ·2022-03-27
    Why can't you covere call?
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    • DonnaMayReplying towilsonkeat
      Covered calls are really not shorting.
      2022-03-27
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    • wilsonkeat
      That’s what i said too. Huhhh. They ignored me.
      2022-03-27
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    • wilsonkeat
      Saxo said it is risky for me. I missed the fat premium the other day Thursday n Friday when TIGR rally. That is like 3-4% premium. damn….
      2022-03-27
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  • BurnellStella
    ·2022-03-27
    I am optimistic about Huya's performance this year.
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